What is it about?
Investors in real estate need asset price indices, similar to stock indices like the S&P500, to help them understand how real estate is performing over time as an investment. Such indices are hard to produce for real estate, but this article reviews how it can be, and is being, done. The article also reviews what such historical price indices tell us about the nature of real estate price dynamics over time. This can facilitate comparison with other asset classes such as stocks and bonds.
Featured Image
Perspectives
Read the Original
This page is a summary of: Real Estate Price Indices and Price Dynamics: An Overview from an Investments Perspective, Annual Review of Financial Economics, December 2015, Annual Reviews,
DOI: 10.1146/annurev-financial-111914-041850.
You can read the full text:
Contributors
The following have contributed to this page