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Construction and Application of Property Price Indices

Construction and Application of Property Price Indices

Hardcover

Series: Routledge Studies in International Real Estate

Investing & FinanceReal Estate

ISBN10: 1138104701
ISBN13: 9781138104709
Publisher: Routledge
Published: Jul 26 2018
Pages: 218
Weight: 0.92
Height: 0.61 Width: 6.01 Depth: 9.41
Language: English

The importance of house prices to households, real estate developers, banks and policy-makers cannot be overemphasised. House price changes affect consumer spending and business investment patterns, which in turn affect the wider macro economy and the entire business cycle. Measuring and understanding house prices is therefore essential to a functioning economy, but researchers continue to disagree on the best methodological approach for constructing real estate indices.

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