This paper reviews the literature on price determination in the private and public real estate
markets. In particular, it discusses the processes of appraisal smoothing in the private …

The decision of buying residential property may be one of the most important transactions
people will ever make, and the emotional attachment when houses become homes is …

This new text provides a rigorous analysis of real estate markets. Three main sections cover:
microeconomics of property markets the macroeconomics of commercial property the …

Discover an insightful examination of the property investment appraisal process from
leaders in the industry This book explains the process of property investment appraisal: the …

Property investment markets and applied property research are now recognised as an
increasingly important international phenomenon. Written by two of the most respected …

This paper examines the securitized (public) and unsecuritized (private) commercial
property markets in the United States and the United Kingdom for evidence of price …

Analyses data from the USA and UK to determine whetherdiversification within a region by
property type is better thandiversification between regions within a property type. Compares …

The movement toward globalization of institutional investments requires an understanding of
the historical relationship between international commercial real estate price changes and …

Two strands of real estate research—that concerned with the relationships between
securitized real estate and the underlying market and that dealing with the role of property in …

Valuations and appraisals are the product of human judgement. This paper explores the
contention that such judgement may incorporate elements of cognitive bias. It assumes that …