House prices have risen steeply globally during the late 1990ís and early 2000ís and, since the global financial crisis, decreased again. Meanwhile, household debt has increased to unprecedented heights in many countries. Increased leverage combined with decreasing property prices results in...

House price forecasts are important for several parties. For example, (potential) owner-occupiers want to know whether or not it is a good time to buy or sell a home, and decisions of policy makers and commercial parties may depend on house price expectations. In this paper we are not primarily...

Asset Liability Management (ALM) models for housing corporations work on the basis of stochastic scenario models for important risk and return drivers such as interest and inflation rates, construction costs and sales prices of houses. Given the situation of the housing corporation (current real...

The repeat sales model is commonly used to construct reliable price indices in absence of individual characteristics of the real estate. Several adaptations of the original model of Bailey, Muth and Nourse (1963) are proposed in literature, but all of them have in common that they use a dummy...

"Several house price indices exist for the Netherlands. These different indices come from different sources. In this paper we analyze indices from the Dutch Association of Real Estate Agents (NVM), the Land Registry Office (Kadaster), ORTAX and ABF. First we discuss the index construction...

investigated by using different types of Error Correction Models and by examining the impact of different variables that can explain house price changes in the Netherlands. In the Netherlands the current financial crisis did not start with problems in the residential property market, but the...

"Rent setting behavior of landlords relates to rental rates on new leases, while tenant demand for space depends on the average rental rate on existing space. Thus models of the space market need to identify the roles of these two rates. A market or new lease rent series is constructed for the...

ERES:conference

ERES:conference

This paper aims to evaluate the perception of Malaysian facilities management (FM) stakeholders on the importance of innovation in the delivery of FM services. This research adopts an extensive literature review on innovation in the generic business environment and adapts the findings to the FM...