ABSTRACT

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:

  • Location choice in urban areas
  • Housing supply and demand
  • Housing finance and housing as an asset class
  • Demographic shifts and implications for housing
  • Sustainable homes and digitalisation in housing

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.

chapter 1|3 pages

Introduction

chapter 2|12 pages

Attributes of housing markets

chapter 3|23 pages

Economy, housing demand and supply

chapter 4|22 pages

House price

Measures and estimation

chapter 5|24 pages

Location choice in urban areas

chapter 6|32 pages

Housing tenure, search and mobility

chapter 7|46 pages

Demographic shifts and housing

chapter 8|16 pages

Housing finance and the mortgage market

chapter 9|19 pages

Residential real estate as an asset class