Real Estate Analysis and Policies (at the National Bank of Poland)

Please note that this course will be delivered at the National Bank of Poland.

TARGET GROUP | Staff from central banks, finance ministries and other public institutions who are involved in real estate analysis and policymaking.

DESCRIPTION | The real estate sector is often a key driver of macroeconomic developments and very important from a financial stability perspective, due to its close links with the financial sector.

This one-week course, which will be delivered in Poland (National Bank of Poland), provides a holistic overview of the real estate sector, its linkages with the rest of the economy and the various policies that affect real estate markets. The focus of the course is on residential real estate, yet it discusses commercial real estate issues and related risks to the extent possible as well.

OBJECTIVES | The course first provides participants with conceptual frameworks and indicators for the analysis of real estate markets, including the construction of real estate price indices. This is followed by reviewing the range of policies influencing real estate developments, including banking supervision, macroprudential policy, fiscal policy and spatial / planning policies. Special attention will be placed on recent housing market developments in Europe and the JVI Region and related policy implications and challenges. There will be also a practical lecture with exercises in R on hedonic regressions of house prices, which will help to understand the most important price determinants of housing and how they can be analyzed.

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Course Details

Start: 20251201Dec 01
End: 20251205Dec 05

Language: English

Sponsoring Organization: JVI/NBP

Admin Arrangements


Application Deadline: September 01, 2025

Apply here