Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields of housing economics is narrower in scope, concentrating on residential real estate markets as does the research of real estate trends focus on the business and structural changes impacting the industry. Both draw on partial equilibrium analysis (supply and demand), urban economics, spatial economics, extensive research, surveys and finance.
Read more about Real Estate Economics: Overview of Real Estate Markets, Demand For Housing, Supply of Housing, Adjustment Mechanism, Adjustment With Depreciation, Increase in Demand, Increase in Costs, Real Estate Financing
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