House Price Forecasting from Investment Perspectives
Housing market dynamics have primarily shifted from consumption- to investment-driven in many countries, including Australia. Building on investment theory, we investigated market dynamics by placing investment demand at the center using the error correction model (ECM). We found that house prices,...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-09-01
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Series: | Land |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-445X/10/10/1009 |