Designing housing policies and programmes requires a careful estimation of household affordability and demand for housing. The efficiency of housing subsidies would depend on price elasticities of housing demand. Different households have different perceptions of housing demand based on their...

Housing policy formulation should be informed by a careful understanding of the behaviour of the urban housing market, as reflected by housing demand behaviour. Such basic information is important, not only for improved project design but also for the development of better sector-wide policies....

This study identifies housing sub-markets (micro markets) that may be price leaders within local housing market areas and relates their performance to potentially relevant economic factors. This can be important as it provides both policy-makers and market players with a useful barometer...