Real Estate

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Real Estate
GIS & Poverty Mapping
Travel Demand Forecasting
Expert Testimony
Econometrics

Regionomics offers expertise in econometric modelling of the spatial distribution of property values within a metropolitan area. This includes developing econometric models of housing starts (supply) within a metropolitan area.

bulletDr. Haider's paper on what determines the price of housing could be obtained HERE.
bulletDr. Haider's paper on the behavioural decision-making of homebuilders could be obtained HERE.

Projects in real estate/housing analysis include:

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Consultant to CMHC to model travel behaviour and activity patterns in 8 new urbanist and traditional neighbourhoods in Canada (2006-07).
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Consultant to Infrastructure Canada to identify innovative finance strategies to promote smart growth (2007).
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Consultant to CMHC to develop a system dynamics model to identify policy alternatives that promote smart growth (2007-08).
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Consultant to CMHC to review Computable General Equilibrium models for housing policy analysis (2003-05).

3-D Visualisation of Price Maps

The following four maps present an overview of how Geographic Information Systems (GIS) can be integrated into real estate finance. The spatial attributes of a property play an intrinsic role in determining its rent/value. Geo-spatial databases and spatial modelling can significantly enhance our ability to study, model, and display real estate dynamics.

A 3-D Map of Spatial Distribution of Freehold Properties Sold in 1996 in Toronto.
A 3-D Map of Spatial Distribution of Freehold Properties Sold in 1996 in the GTA.
A Gray-Scale 3-D Map of Spatial Distribution of Freehold Properties Sold in 1996 in the GTA.
A 3-D Map of Spatial Distribution of Freehold Properties Sold in 1996 in the GTA with super-imposed CT boundaries.

 

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