Forecasting Housing Markets: Lessons Learned

Patric Henry Hendershott, J. Weicher

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    16 Citations (Scopus)

    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.

    Original languageEnglish
    Pages (from-to)1-10
    Number of pages9
    JournalReal Estate Economics
    Volume30
    Issue number1
    DOIs
    Publication statusPublished - 2002

    Keywords

    • ALLOCATION
    • INFLATION

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