JVI is gradually resuming classroom delivery. This course is scheduled to take place at JVI, but may have to be delivered virtually in case safe travel to and in-person training in Vienna will not be possible. The decision to offer virtual instead of onsite training, or a combination of the two (hybrid), will be made within 5 weeks of the course start date.
All participants are expected to follow our COVID-19 Guidelines.
TARGET GROUP | Staff from central banks, finance ministries and other public institutions who are involved in real estate analysis and policymaking.
DESCRIPTION | The real estate sector is often a key driver of macroeconomic developments and very important from a financial stability perspective, due to its close links with the financial sector.
This one-week course provides a holistic overview of the real estate sector, its linkages with the rest of the economy and the various policies that affect real estate markets. The focus of the course is on residential real estate, with commercial real estate issues being discussed to the extent possible.
The course covers first conceptual frameworks and indicators for the analysis of real estate markets including the construction of real estate price indices. This is followed by reviewing the range of policies influencing real estate developments, including banking supervision, macroprudential policy, fiscal policy and spatial / planning policies.