AUTHOR=Kadeřábková Božena , Řežábek Pavel TITLE=Does increased construction activity transmit into housing prices and rents? Evidence from the V4 countries and Austria JOURNAL=Frontiers in Sustainable Cities VOLUME=Volume 5 - 2023 YEAR=2023 URL=https://www.frontiersin.org/journals/sustainable-cities/articles/10.3389/frsc.2023.1267964 DOI=10.3389/frsc.2023.1267964 ISSN=2624-9634 ABSTRACT=We analyze the housing prices and their sensitivenes to selected variables, especially regarding construction activity in the V4 countries and Austria.By employng a specification of a recursive VAR model for each country, we show that the most responsive to changes in construction activity is housing market in Austria. Meanwhile housing prices in the V4 countries do not exhibit any strong assocition with construction activity, perhaps due to undersupply of housing in the countries.