Residential Real Estate introduces readers to the economic fundamentals and emerging issues in housing markets. The book investigates housing market issues within local, regional, national and international contexts in order to provide students with an understanding of the economic principles that underpin residential property markets. Key topics covered include:
Drawing on market-level information, readers are encouraged to recognise the supply and demand drivers and modelling of dynamic housing markets at various spatial scales and the implications of trends within an urban and regional context, e.g. urbanisation, ageing population, migration, digitalisation. With research-based discussions and coverage of relevant literature, this is an ideal textbook for students of residential real estate, property and related business studies courses at UG and PG levels, as well as a reference book with research topics for researchers. This book will also be of interest to professionals and policymakers.
1. Introduction, 2. Attributes of Housing Markets, 3. Economy, Housing Demand and Supply, 4. House Price: Measures and Estimation, 5. Location Choice in Urban Areas, 6. Housing Tenure, Search and Mobility, 7. Demographic Shifts and Housing, 8. Housing Finance and the Mortgage Market, 9. Residential Real Estate as an Asset Class, 10. Housing with Sustainable, Intelligent Places