Januário, João Fragoso; Cruz, Carlos Oliveira - In: Journal of risk and financial management : JRFM 16 (2023) 1, pp. 1-18
Real estate markets are frequently affected by growth and contraction cycles. Given the social and economic impacts of … changes on real estate prices, the understanding of these cycles is crucial from a socio-economic perspective, but also, and … real estate prices, and the ex-post growth in GDP and low interest rates had a positive impact. The paper also provides a …