Real Estate Economics & Market Analysis

Catalog description

This course examines connections between the national and global economies and real estate markets from both theoretical and an empirical perspectives. It explores the performance of specific property types under different macroeconomic business and growth cycles and changing monetary conditions. The course explores key policy issues, their economic impact on real-estate decision-making, and identifies indicators used to track economic and real estate performance. The course also examines the economic structure of major metropolitan areas, the impact of local governments on urban economic growth, the impact of urban economic growth on supply and demand identification for specific property types, and conditions under which certain regions thrive while others decline. Building upon the concepts and tools of economic analysis, this course introduces appropriate data sources and techniques useful in analyzing and forecasting real estate demand and supply in different markets for specific property types at specific locations. Class assignments will also follow current economic news and potential impacts for real estate markets.