On the housing market literature there is a consensus to adopt the existence of submarkets and the recognition that the urban housing market should be portrayed as a set of distinct and inter-related submarkets. It is important to understand how the metropolitan areas are divided into housing...

This paper highlights the importance and demonstrates the application of a segmentation strategy, based on the concept of the family life cycle, in real estate market analysis. Each stage in the family life cycle has its particular preferences regarding locational attributes. Neighbourhood...