Forecasting Housing Markets: Lessons Learned
Forecasting changes in housing finance (instruments and institutions), housing demand (tenure, quantity, and real price), and housing production requires forecasting numerous exogenous factors-inflation, government policy, and demographic forces being the most obvious-and interpreting their impacts on the housing market. We use forecasts made over the last two decades to illustrate the importance of these variables and of interpreting their impacts appropriately. Copyright 2002 by the American Real Estate and Urban Economics Association.
Year of publication: |
2002
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Authors: | Hendershott, Patric H. ; Weicher, John C. |
Published in: |
Real Estate Economics. - American Real Estate and Urban Economics Association - AREUEA. - Vol. 30.2002, 1, p. 1-11
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Publisher: |
American Real Estate and Urban Economics Association - AREUEA |
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