TARGET GROUP | Staff from central banks, finance ministries and other public institutions who are involved in real estate analysis and policy making.
DESCRIPTION | In most countries the real estate sector is a key driver of macroeconomic developments. In addition, it is very important from a financial stability perspective due to the close links with the financial sector. The aim of this new one-week course is to provide a holistic overview of the real estate sector, its linkages with the rest of the economy and the various policies that impact real estate markets. The course covers frameworks and indicators for the analysis of real estate markets from the business cycle and financial stability perspectives and discusses real estate-related policy strategies. The course will focus on residential real estate, but it will also discuss commercial real estate issues whenever possible.