A Note on the Estimation of the Degree of Over- Or Under-Pricing of Housing Markets Relative to Their Long-Term Pricing Trend Note

Gravatt, D, Beracha, E, Johnson, KH. (2022). A Note on the Estimation of the Degree of Over- Or Under-Pricing of Housing Markets Relative to Their Long-Term Pricing Trend . 31(1), 1-3. 10.1080/10527001.2021.2007584

cited authors

  • Gravatt, D; Beracha, E; Johnson, KH

authors

abstract

  • This note outlines the estimation methodology of the degree of over- or under-pricing for a given housing market relative to its long-term pricing trend. The purpose of this effort is to provide buyers, sellers, real estate professionals, and policy makers a tool that estimates the premium (over-pricing) or discount (under-pricing) a local market is experiencing at a given moment. In general, this model is designed more for greater public rather than academic consumption.

publication date

  • January 1, 2022

Digital Object Identifier (DOI)

start page

  • 1

end page

  • 3

volume

  • 31

issue

  • 1