Econometric Analysis of the Real Estate Market and Investment PDF Download

Author: Peijie Wang
Publisher: Routledge
ISBN: 113454877X
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
This book provides an economic and econometric analysis of real estate investment and real estate market behaviour. Peijie Wang examines fluctuations in the real estate business to reveal the mechanisms governing the interactions between the industry and other sectors of the economy.

Author: Rita Yi Man Li
Publisher: Routledge
ISBN: 1317587928
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
This book explores how econometric modelling can be used to provide valuable insight into international housing markets. Initially describing the role of econometrics modelling in real estate market research and how it has developed in recent years, the book goes on to compare and contrast the impact of various macroeconomic factors on developed and developing housing markets. Explaining the similarities and differences in the impact of financial crises on housing markets around the world, the author's econometric analysis of housing markets across the world provides a broad and nuanced perspective on the impact of both international financial markets and local macro economy on housing markets. With discussion of countries such as China, Germany, UK, US and South Africa, the lessons learned will be of interest to scholars of Real Estate economics around the world.

Author: Benedetto Manganelli
Publisher: Springer
ISBN: 3319063979
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
This book describes in full the major approaches used to evaluate investment in real estate and shows how theory informs decision-aid methods and tools to support such evaluation. The inclusion of numerous examples makes it also a practical guide to assessing the suitability of an investment property. The first part of the text is devoted to an analysis of the housing market through the study of micro- and macroeconomic variables influencing supply and demand, with illustration of how these two components of the market interact. Special attention is given to market research and other preparatory activities able to influence the outcome of the investment. In fact, the quality of the parameters used for the evaluation depends on these activities. The final chapters describe the valuation techniques and highlight their essential features, limitations and potential in relation to ability to manage the investment risk. The book is aimed at graduates who wish to deepen their study of the real estate market and of the methods used to support investment decisions in real estate but also at professionals and managers of companies operating in the real estate market.

Author: Rena Mourouzi-Sivitanidou
Publisher: Routledge
ISBN: 100006316X
Category : Architecture
Languages : en
Pages : 524

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Book Description
Market Analysis for Real Estate is a comprehensive introduction to how real estate markets work and the analytical tools and techniques that can be used to identify and interpret market signals. The markets for space and varied property assets, including residential, office, retail, and industrial, are presented, analyzed, and integrated into a complete understanding of the role of real estate markets within the workings of contemporary urban economies. Unlike other books on market analysis, the economic and financial theory in this book is rigorous and well integrated with the specifics of the real estate market. Furthermore, it is thoroughly explained as it assumes no previous coursework in economics or finance on the part of the reader. The theoretical discussion is backed up with numerous real estate case study examples and problems, which are presented throughout the text to assist both student and teacher. Including discussion questions, exercises, several web links, and online slides, this textbook is suitable for use on a variety of degree programs in real estate, finance, business, planning, and economics at undergraduate and MSc/MBA level. It is also a useful primer for professionals in these disciplines.

Author: John M. Clapp
Publisher: Bloomsbury Publishing USA
ISBN: 0313366829
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Real Estate Market Analysis bridges the gap between academic research on urban economics and regional science for the real estate professional. The contributors demonstrate the applications of various methodologies commonly used in scholarly research to practical problems. The book covers a wide range of property types, including housing, office, retail, and industrial. The various chapters lucidly discuss forecasting and investment selections; the impact of inflation; estimating risks in real estate investment; real estate market gap analysis; market valuation of financial terms; urban residential land markets; and trade-offs in the office market.

Author: Peter Wyatt
Publisher: John Wiley & Sons
ISBN: 1118624688
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
This new edition of the ‘all in one' textbook for the postgraduate study of valuation on real estate courses retains its focus on the valuation and appraisal of commercial and industrial property across investment, development and occupier markets. It is structured from the client perspective and covers single-asset pricing, risk and return issues. The structure of the book has been substantially revised. Part A introduces the key microeconomic principles, focussing on land as a resource, production functions, supply and demand and price determination. The locational aspect of real estate is also introduced. Macroeconomic considerations are categorised by the main market sectors (and their function); the market for land (development), for space (occupation) and for money (investment). The economic context is set and the author then explains why property valuations are required and discusses the main determinants of value and how they might be identified. The mathematics required to financially quantify value determinants are also introduced. Part B of the book describes the methods of valuation; Part C applies these methods to the valuation of a range of property types for a wide variety of purposes; and Part D covers investment and development appraisal. The author introduces valuation activities from a broad economic perspective, setting valuation in its business finance context and combining its academic and practical roots. Changes in this second edition include: less daunting economics expanded companion website with PowerPoint slides for lecturers, self-test Questions & Answers for students: see www.wiley.com/go/wyattpropertyvaluation up-to-date case studies and sample valuations reference to the newly-published Red Book (the valuer’s bible) Property Valuation with its user-friendly format, using tried-and-tested teaching and learning devices and a clear writing style, remains the core text for students on real estate, estate management and land economy degree courses, as well as for fast-track conversion courses for non-cognate graduates.

Author: Sotiris Tsolacos
Publisher: Routledge
ISBN: 1351359010
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
To fully function in today’s global real estate industry, students and professionals increasingly need to understand how to implement essential and cutting-edge quantitative techniques. This book presents an easy-to-read guide to applying quantitative analysis in real estate aimed at non-cognate undergraduate and masters students, and meets the requirements of modern professional practice. Through case studies and examples illustrating applications using data sourced from dedicated real estate information providers and major firms in the industry, the book provides an introduction to the foundations underlying statistical data analysis, common data manipulations and understanding descriptive statistics, before gradually building up to more advanced quantitative analysis, modelling and forecasting of real estate markets. Our examples and case studies within the chapters have been specifically compiled for this book and explicitly designed to help the reader acquire a better understanding of the quantitative methods addressed in each chapter. Our objective is to equip readers with the skills needed to confidently carry out their own quantitative analysis and be able to interpret empirical results from academic work and practitioner studies in the field of real estate and in other asset classes. Both undergraduate and masters level students, as well as real estate analysts in the professions, will find this book to be essential reading.

Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
What is Real Estate Economics The application of economic principles to real estate markets is precisely what is meant by the term "real estate economics." A number of attempts are made to define, explain, and forecast patterns of supply and demand, as well as prices. In contrast to the research on real estate trends, which focuses on the commercial and structural changes that are influencing the sector, the closely related discipline of home economics has a more limited scope, focused on residential real estate markets. Both of these approaches make use of partial equilibrium analysis, urban economics, spatial economics, fundamental and extensive research, surveys, and financial analysis. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Real estate economics Chapter 2: Index of real estate articles Chapter 3: Canada Mortgage and Housing Corporation Chapter 4: Second mortgage Chapter 5: 2000s United States housing bubble Chapter 6: Housing bubble Chapter 7: Real-estate bubble Chapter 8: Affordable housing Chapter 9: Spanish property bubble Chapter 10: Real estate investing Chapter 11: Mortgage loan Chapter 12: Subprime lending Chapter 13: Subprime mortgage crisis Chapter 14: 2000s United States housing market correction Chapter 15: Causes of the 2000s United States housing bubble Chapter 16: South East Asian and Hong Kong property markets Chapter 17: Subprime crisis background information Chapter 18: Australian property bubble Chapter 19: Affordable housing in Canada Chapter 20: Baltic states housing bubble Chapter 21: Regional economics (II) Answering the public top questions about real estate economics. (III) Real world examples for the usage of real estate economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of real estate economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of real estate economics.

Author: Colin A. Jones
Publisher: Springer Nature
ISBN: 3031009681
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
This textbook, aimed at undergraduate and postgraduate real estate programmes, provides an overview of real estate investment and pricing in a global context with special attention to the diversification of asset types in three parts. Designed as a successor to Will Fraser’s successful student-led investment book, Principles of Property Investment and Pricing, it encompasses the microeconomics of real estate markets and context alongside pricing failures of real estate highlighted by the impact of the global financial crisis, especially with regard to irrationality and risk. Part 1 focuses on the microeconomics of the real estate sector, covering the complex nature of real estate and the consequences for economic analysis and the operation of the market, the underlying essential processes and principles of real estate investment decision making, including a pricing model, and the significance of real estate cycles and why they occur. Part 2 begins with the characteristics of real estate as an investment, differentiated between direct and indirect investment, and making comparisons with alternative stock market assets, then examines real estate investors and their objectives, including financial institutions, REITs and other indirect vehicles. Additionally, it sets out the frameworks within which real estate investment decisions are made in relation to other investments and focuses on decision-making processes and the practicalities of performance measurement. Emerging real estate debates are discussed in Part 3. These chapters are primarily forward-looking to the implications and challenges for real estate investment, including the consequences of recent aspects of regulation, changes to occupier demand, partly driven by technology but also sustainability pressures, the logic and difficulties of international investment, with a particular focus on emerging markets.

Author: Mahlon R. Straszheim
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 232

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Book Description
Monograph on the econometrics analysis of the urban area housing market in the USA and its social implications for low income minority groups - estimates by means of various economic models, the price of different types of housing and the effects of racial discrimination, examines consumer demand in relation to neighbourhood incomes and public services, and includes statistical tables based on an interview survey undertaken in san francisco. Bibliography pp. 195 to 198 and references.