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RBA Glossary definition for appreciation

appreciation – An increase in the value of an asset. In foreign-exchange terms, it is a relative increase in the value of one currency compared to another.

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References

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
Cooper D, MJ Luengo-Prado and G Olivei (2016), ‘Monetary Policy and Regional House-Price Appreciation’, Federal Reserve Bank of Boston Research Department Working Papers No 16-18.
https://www.rba.gov.au/publications/rdp/2020/2020-02/references.html

The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
For instance, expected housing price appreciation may vary by region due to differences in available land supply (Himmelberg et al 2005; Glaeser, Gyourko and Saiz 2008).
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html

Heterogeneity in the Sensitivity of Local Housing Prices to Monetary Policy

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
For instance, expected housing price appreciation may vary by region due to differences in available land supply (Himmelberg et al 2005; Glaeser, Gyourko and Saiz 2008).
https://www.rba.gov.au/publications/rdp/2020/2020-02/heterogeneity-in-the-sensitivity-of-local-housing-prices-to-monetary-policy.html