Deakin University
Browse

The cyclical nature of residential housing markets

Download (490.9 kB)
conference contribution
posted on 2002-01-01, 00:00 authored by Richard Reed
Cycles are an integral part of most capitalist societies. They are openly acknowledged and researched in certain real estate segments, such as the commercial office market. Although the 'seven year cycle' is often discussed in regards to residential real estate, there has been relatively little research undertaken in this area. Therefore this paper seeks to fill this void by commencing an investigation into residential housing market cycles. It commences with an overview of established theories in cycle research. An analysis of a large number of Brisbane suburbs over an extended time period was then undertaken using Fourier Analysis. The results suggested cycles were observed in a number of Brisbane suburbs, with consideration also given to differences in spatial patterns and property values.

History

Location

Christchurch, N.Z.

Open access

  • Yes

Start date

2002-01-21

End date

2002-01-23

Language

eng

Publication classification

E1.1 Full written paper - refereed

Copyright notice

2002, PPRES

Title of proceedings

PRRES 2002 : Proceedings of the 8th Annual Pacific Rim Real Estate Society Conference

Usage metrics

    Research Publications

    Categories

    No categories selected

    Keywords

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC