The sensitivities of Jordan housing demand to macroeconomic factors: demand supply analysis model application

This paper summarizes the arguments and counterarguments within scientific discussion on issue mismatch between demand supply of Jordan housing market. The main purpose research is systematization literary sources approaches for solving problem behaviour market its influencing factors with emphasis macroeconomic variables formula period 2006 to 2019 indicates that relevance this decision investigation sensitivities factors. In carried out in following logical sequence methodological tools methods were. offers empirical estimates using time series data from current model residential homes Jordan. study applied (Janet Lam 2012) general function (Qd = f (G, H, D, t). Years used statistic. presents results an analysis Janet 2012 which showed empirically confirms theoretically proves demographic were statistically significant most formulations, it had wrong sign coefficient, indicated low impact amount new construction activity completed purpose. More important found sectors related explaining their present are relatively drive function, suppliers may react demands customers, issuing building permit or complete licensed one when price increase, case we exactly opposite; increase number declining increases. can be useful both policy makers engaged developing offer more affordable unit size.