Market Analysis for Real Estate is a comprehensive introduction to how real estate markets work and the analytical tools and techniques that can be used to identify and interpret market signals. The markets for space and varied property assets, including residential, office, retail, and industrial, are presented, analyzed, and integrated into a complete understanding of the role of real estate markets within the workings of contemporary urban economies. Unlike other books on market analysis, the economic and financial theory in this book is rigorous and well integrated with the specifics of the real estate market. Furthermore, it is thoroughly explained as it assumes no previous coursework in economics or finance on the part of the reader. The theoretical discussion is backed up with numerous real estate case study examples and problems, which are presented throughout the text to assist both student and teacher.
Including discussion questions, exercises, several web links, and online slides, this textbook is suitable for use on a variety of degree programs in real estate, finance, business, planning, and economics at undergraduate and MSc/MBA level. It is also a useful primer for professionals in these disciplines.
About the Author: Dr. Rena Mourouzi-Sivitanidou was an award-winning lecturer and researcher, teaching courses in Real Estate Market Analysis, Real Estate Economics, and Real Estate Development. This book is a compilation of her lecture notes and handouts for the very successful course Market Analysis for Real Estate, which she taught for nine years in the Master in Real Estate Development program at the University of Southern California. The effort of compiling her lectures into a book was initiated after she passed away in 2000, following the recommendation of her colleagues who recognized the value of the excellent teaching material that she had created. The full responsibility for any omissions or mistakes that may be found in the book lies exclusively with the editor.
A Note on the Editors:
Dr. Petros Sivitanides is Associate Professor of Real Estate and Director of the Real Estate Department at Neapolis University Paphos, Cyprus. He has a Ph.D. from the Massachusetts Institute of Technology in Real Estate Economics and a Master in City Planning from the Georgia Institute of Technology in the United States. He has many years of research experience in some of the leading real estate advisory companies in the United States and the United Kingdom, such as CBRE Global Investors in Los Angeles, CBRE Econometric Advisors in Boston, and AXA Real Estate in London. He has also published many articles in popular international journals in Real Estate and won the Emerald Literati Award for the outstanding paper that was published in the Journal of Property Investment and Finance in 2018.
