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- Title
Forecasting Housing Markets: Lessons Learned.
- Authors
Hendershott, Patric H.; Weicher, John C.
- Abstract
Forecasting changes in housing finance (instruments and institutions), housing demand (tenure, quantity, and real price), and housing production requires forecasting numerous exogenous factors—inflation, government policy, and demographic forces being the most obvious—and interpreting their impacts on the housing market. We use forecasts made over the last two decades to illustrate the importance of these variables and of interpreting their impacts appropriately.
- Subjects
HOUSING finance; HOUSING market; HOUSING forecasting; PRICE inflation; ECONOMIC forecasting; REAL property; FINANCE
- Publication
Real Estate Economics, 2002, Vol 30, Issue 1, p1
- ISSN
1080-8620
- Publication type
Article
- DOI
10.1111/1540-6229.00027