The Economic Measurement of Property Markets: Prices, Bubbles, Economic Growth and Productivity

该项目与房地产基金经理和投资者CorVal合作，并与行业领先的基准，房地产研究和指标，IPD澳大利亚和新西兰的参与，旨在研究房地产市场的经济衡量标准。数学和统计模型的目的是利用在总体（整个经济）和细分（地方政府）各级提供的大量数据。研究结果旨在有助于提高对房地产价格泡沫、市场不平衡概念以及房地产市场作为经济增长和生产力来源的作用的理解。

In collaboration with property fund manager and investor CorVal, and with the participation of the industry leader in benchmarking, property research and metrics, IPD Australia and New Zealand, this project aims to examine the economic measurement of property markets. Mathematical and statistical models aim to be developed for exploiting a large quantity of data made available at aggregate (economy wide) and disaggregate (local area government) levels. The findings aim to contribute to an improved understanding of property price bubbles, concepts of market disequilibrium, and the role of the property market as a source of economic growth and productivity.