Market analysis and development is an applied course in market analysis of housing and real estate markets from an international perspective, with special emphasis on the US and Swedish experiences. The aim of the course is to give you knowledge of theories behind the methods of market analysis used by real estate firms. The course will also help you to develop skills in methods for markets analysis. This course in market analysis and development will prepare you for work in the real estate field, within consultancy firms, institutional investors and building companies.

The course should enable you to develop skills in methods for market analysis and development of housing and retail properties by:

• Identifying the criteria for determining the appropriate level of a market analysis.
• Being able to determine if a site meets physical, regulatory and environmental requirements – the productivity analysis of the project.
• Discuss the various theories or models of urban growth and how they relate to real estate market analysis.
• Recognizing macro determinants in equilibrium, cyclical patterns in the real estate market and the relationship between the national business cycle and the local real estate cycle.
• Being able to delineate a market area, as well as to identify and collect the market data needed to evaluate supply, demand and then quantify the market gap.
• Analyzing the financial feasibility of the development measuring cash flows, costs, loans, profits, etc.

Through case studies, the course should also enable you to identify stakeholders of real estate projects; developer, clients, local government, tax payers, special interest groups, etc. and each points view.

The intended learning outcomes will be reached by a number of lectures supporting an understanding of market analysis of large residential projects. A vacant lot now used as a football filed close the Dalénum development is developed to a new residential project by the students. Each group suggests their own design and perform a market analysis to investigate the marketability of the project. A compulsory visit is made to the Royal Seaport project as well as to Dalénum and Gåshaga in Lidingö by bus. Gåshaga is built by Skanska and consists of three different residential areas built 2001 to 2007. There are ta tramline from Ropsten that stops at Dahlénum and Gåshaga. The Royal Seaport is within a walking distance from KTH.

Schema HT-2021-676

Urban and Regional Economics (AI2105)

Market Analysis for Real Estate, Fanning, Appraisal Institute. Chapters 1 – 13.
Niching in Residential Development, K Psilander.

Students at KTH with a permanent disability can get support during studies from Funka:

Funka - compensatory support for students with disabilities

A, B, C, D, E, FX, F

• TEN1 - Examination, 4.5 credits, Grading scale: A, B, C, D, E, FX, F
• ÖVN1 - Coursework, 3.0 credits, Grading scale: P, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Examination ( TEN1 )

Coursework ( ÖVN1 )

Requirements for final grade is pass of examination and course work.

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.