ABSTRACT
In this part of the textbook, we will focus on urban housing markets and residential market analysis both at the metropolitan-area and the site-specific level. Within this context, we first provide an overview of the residential market-analysis process and then discuss basic housing market economics. Subsequently we review analytical frameworks and methodologies for assessing housing demand at the macroeconomic or metropolitan-area level. Then we focus on the micro-analysis of residential real estate and, more specifically, on issues regarding project amenities and product type design, as well as the quantitative analysis of housing development scenarios.
