House values (in logs) as a function of income, mortgage
costs, terms of trade and macro-economic conditions
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|Mean household income in logs||0.37||2.7||0.008|
|National employment rate||0.03||9.4||0.000|
|Terms of trade measured at the provincial level||0.01||17.4||0.000|
|Interaction of mean household income with|
|Number of observations||1,116|
The base outcome for the interaction terms is St-John's, Newfoundland and Labrador.
Census of population (2006).
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