This paper present an initial analysis about the valuation system usually applied in Spain for retail properties. We explain the methodology for valuations which is regulated when it is done for mortgages purposes. We analyse a data-base including close than 900 observation of valuations of five...

International property investment has taken on increased significance in recent years, with the European property markets being a traditional source of international property investment opportunities for institutional investors. This paper assesses eleven (11) major European direct property...

Price expectation is one of the factors promoting speculation in housing markets. However, in the literature proxies are often used due to a lack of observations, with interest rates or lagged prices commonly used variables. Expectation is recognized as the determinant factor in explaining the...

This paper examines the evolution of real estate markets in Hungary, the Czech Republic and Poland. The research reports the findings of an international survey of investors and property companies. Results show a perception of high risk for medium levels of return. Behavioural differences...

Cover -- EXECUTIVE EDITORIAL BOARD -- Guest editorial -- Liquidity, interest rates and house prices in the euro area: a DSGE analysis -- House price return volatility patterns in Turkey, Istanbul, Ankara and Izmir -- Modeling property bubble dynamics in Greece, Ireland, Portugal and Spain -- The...