Real estate indicators and financial stability

Author: Financial Market Department of the People's Bank of China
Publisher:
Publish Date: 2006-12-01
Features: This collection of essays covers three main aspects: First, research and experience related to real estate data collection, such as the acquisition of raw data and data collection standards; Second, the experience of compiling real estate price indices, as well as methods used by countries to develop real estate market indices, their application areas, and a comparison of their advantages and disadvantages; Third, research findings on the relationship between real estate and finance, the economy, the impact of real estate bubbles on national finance and the economy, and the experience of countries in monitoring real estate markets. Overall, this collection of essays is both theoretically profound and practically relevant to the development of real estate markets; it includes both models for designing real estate indicators and practical experience in compiling them; it presents perspectives from central banks and other policy-making departments, as well as the latest findings from academic institutions and independent research organizations; it summarizes the lessons learned from the development of real estate markets in developed Western countries while reflecting the current state of real estate markets in emerging Asian economies. This collection of essays holds significant research and reference value and is an ideal reading and important reference for authors and those interested in real estate markets.