Overview
Economic analysis of housing markets is essential for understanding how various factors influence the buying, selling, and renting of homes. By examining supply and demand, price trends, and investment opportunities, students can gain insights into market dynamics that affect affordability and avail...
Key Terms
Example: When the number of houses for sale matches the number of buyers.
Example: An increase in new constructions raises the supply.
Example: Low interest rates can increase demand for homes.
Example: A consistent increase in home prices over several years.
Example: Calculating ROI helps investors decide if a property is worth buying.
Example: Zoning laws can restrict building apartments in residential neighborhoods.