Editorial: From macro to micro analysis: new findings from real estate markets in Europe

Abstract

The post-pandemic effect on the economy is affecting real estate markets. The rise in inflation and disruption to supply channels, in addition to the increase in risk due to the Ukrainian war, are changing the way in which markets work and reach equilibrium. In this issue, some of the mechanisms to understand real estate market performance are analysed, particularly focussing on real estate prices. The new evidence contained in the manuscripts can be grouped into three categories. The first one contains research with a more macro perspective. The second category contains new evidence of how transactions are related to brokerage features, while in the third, research using spatial econometric tools, an increasingly used method in real estate, appear. The first group has a more macro focus on the general trends affecting real estate markets.