Work

COVID-19’s impact on real estate markets: review and outlook

Year: 2021

Type: article

Abstract: As symbolized by vacant office buildings, empty shopping malls and abandoned flats in metropolitan areas, the new coronavirus disease 2019 has severely impacted real estate markets. This paper provides a comprehensive literature review of the latest academic insights into how this pandemic has affected the housing, commercial real estate and the mortgage market. Moreover, these findings are linked to comprehensive statistics of each real estate sector's performance during the crisis. Finally, the paper includes an outlook and discusses possible future developments in each real estate segment.

Source: Financial markets and portfolio management

DOI: 10.1007/s11408-021-00384-6

Authors: Nadia Balemi, Roland Füss, Alois Weigand

Institutions: University of St.Gallen, Centre for European Economic Research, Norwegian University of Science and Technology

Language: English

Topic: Housing Market and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Sustainable cities and communities

Open Access status: hybrid

Estimated APC paid: $2,780