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Al-Khalil, M I and Al-Ghafly, M A (1999) Important causes of delay in public utility projects in Saudi Arabia. Construction Management and Economics, 17(05), 647-55.

Bon, R, Birgonul, T and Ozdogan, I (1999) An input-output analysis of the Turkish construction sector, 1973-1990: a note. Construction Management and Economics, 17(05), 543-51.

Chen, J J and Chambers, D (1999) Sustainability and the impact of Chinese policy initiatives upon construction. Construction Management and Economics, 17(05), 679-87.

Gunner, J and Skitmore, M R (1999) Comparative analysis of pre-bid forecasting of building prices based on Singapore data. Construction Management and Economics, 17(05), 635-46.

Lam, K C and Runeson, G (1999) Modelling financial decisions in construction firms. Construction Management and Economics, 17(05), 589-602.

Lo, W, Krizek, R J and Hadavi, A (1999) Effects of high pre-qualification requirements. Construction Management and Economics, 17(05), 603-12.

Loosemore, M (1999) International construction management research: cultural sensitivity in methodological design. Construction Management and Economics, 17(05), 553-61.

Low, S P and Hui, M S (1999) The application of JIT philosophy to construction: a case study in site layout. Construction Management and Economics, 17(05), 657-68.

Miller, J B and Evje, R H (1999) The practical application of delivery methods to project portfolios. Construction Management and Economics, 17(05), 669-77.

Proverbs, D G, Holt, G D and Olomolaiye, P O (1999) Construction resource/method factors influencing productivity for high rise concrete construction. Construction Management and Economics, 17(05), 577-87.

Ranasinghe, M (1999) Private sector participation in infrastructure projects: a methodology to analyse viability of BOT. Construction Management and Economics, 17(05), 613-23.

Tse, R Y C, Ho, C W and Ganesan, S (1999) Matching housing supply and demand: an empirical study of Hong Kong' s market. Construction Management and Economics, 17(05), 625-33.

  • Type: Journal Article
  • Keywords: housing demand; house price; Hong Kong; transaction volume
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/014461999371231
  • Abstract:

    This paper has the objective of improving on the issue of forecasting new housing construction, and highlights differences between space demand and investment demand in housing markets. Further, it indicates how these differences will affect construction decisions. The first step is to identify the factors associated with estimating residential property prices in Hong Kong, based on a demand-supply adjustment process. Specifically, this study examines the role of population growth, transaction volume, inflation and interest rate in determining house prices. Second, based on these estimations, a methodology is developed to estimate the investment demand schedule and new construction of residential property.

Zhai, H and Russell, J S (1999) Stochastic modelling and prediction of contractor default risk. Construction Management and Economics, 17(05), 563-76.