11-11-2018, 06:46 AM
Real Estate Demand Concepts
•The demand for real estate space can be defined as the quantity of space or number of units demanded at various prices. The fundamental law of demand states that the quantity demanded declines with price or that a lower amount of space or number of units is demanded at higher prices.
•Demand definition is the concept of effective market demand, the demand that is backed up by purchasing power. In some cases, in real estate analysis we may need to focus on desired or ex-ante demand. This refers to the aggregate desired quantity of a good before consumers interact with the marketplace. After interacting with the marketplace, however, realized or ex-post demand may be different from the ex-ante demand for various reasons, such as supply constraints. The not-yet-realized demand is often referred to as pent-up demand.
•The demand for real estate space can be defined as the quantity of space or number of units demanded at various prices. The fundamental law of demand states that the quantity demanded declines with price or that a lower amount of space or number of units is demanded at higher prices.
•Demand definition is the concept of effective market demand, the demand that is backed up by purchasing power. In some cases, in real estate analysis we may need to focus on desired or ex-ante demand. This refers to the aggregate desired quantity of a good before consumers interact with the marketplace. After interacting with the marketplace, however, realized or ex-post demand may be different from the ex-ante demand for various reasons, such as supply constraints. The not-yet-realized demand is often referred to as pent-up demand.