To be completed by the markers
Module Name and code
FoE 2UZF315
First Marker’s name
(acts as signature)
Tutor Name
Salim Turdaliev
Second Marker’s name
(acts as signature)
Student ID (UoW)
For Registrar’s office use only (hard copy submission)
Student ID (WIUT)
00003790
Deadline date
12 March, 2015
Individual assignment
Yes
Group assignment
COURSEWORK SUBMISSION COVER PAGE
(1328 words)
Submission instructions
Please note that all work must be submitted in both Hard Copy to the Registrar’s Office and Electronically unless instructed otherwise.
For hardcopy submission instructions refer to: http://intranet.wiut.uz/Shared%20Documents/Forms/AllItems.aspx- Coursework hard copy submission instructions.doc
For online submission instructions refer to: http://intranet.wiut.uz/Shared%20Documents/Forms/AllItems.aspx- Coursework online submission instructions.doc
Feedback
To be completed by markers
Assessment criterion and/or learning outcome
Marker’s comments and second marker’s comments if appropriate
1.
2.
3.
Introduction
In accordance with the assignment requirements, the US housing market analyses will be provided in the following report. The report illustrates detailed information about the US housing market, microeconomic factors such as demand and supply that affect the price and overall condition of the market.
Housing market in the US plays significant role in shaping the economic and social well-being of the country. The housing industry has an excessively huge effect on the more extensive wellbeing of the US economy contributing 15% to US Gross Domestic Product (GDP) in 2012 and about 20% amid the go-go years of the most recent decade. There are two primary ways that the housing directly affects the economy. First, private altered speculation alludes to money spent on new home development and upgrades. These capital speculations have overall represented 5% of US Gross domestic product
Bibliography: John Sloman and Mark Sutcliffe, (2001). Economics for Business. 2nd ed. Harlow: Pearson http://www.thirdway.org/report/theres-no-place-like-home-housing-market-indicators http://www.statista.com/statistics/199360/case-shiller-national-home-price-index-for-the-us-since-2000/ http://www.economist.com/blogs/graphicdetail/2014/02/us-house-prices http://en.wikipedia.org/wiki/United_States_housing_bubble http://money.cnn.com/2013/11/26/news/economy/home-prices/ http://www.reuters.com/article/2013/10/21/us-usa-economy-housing-idUSBRE99K0GC20131021 http://www.usatoday.com/story/money/business/2013/08/18/housing-recovery-strong-but-not-as-frenzied/2634335/