Triple Point teams with housing industry experts to develop state-of-the-art market analysis techniques in order to improve market studies and housing needs assessments.
Mountain and resort communities are experiencing rapid housing price increases of both for-sale and rental properties. Supply-demand imbalances often vary across unit types, so the level of price appreciation is often not the same for each unit type. Price growth trends will be determined by each community’s unique circumstances and socioeconomic evolution.
By adopting an econometric approach to measuring and modeling housing price trends, local officials, policy makers, and private developers can make informed decisions to address the severe shortages of affordable housing in their respective communities. Proforma forecasts of future revenue streams should be modeled with construction costs to design financially sustainable housing developments.