Determine how supply and demand affect prices of homes

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Reference no: EM1368233

You are between jobs and have decided to relocate to a city west of the Mississippi River, but you are unsure of what size or type of city you and your family can afford to live in.

Choose 4 cities west of the Mississippi River, each of a different size, and research the housing prices for a 3-bedroom, 2-bath condo for each city. Determine how supply and demand can affect the prices of these homes. In a PowerPoint presentation, submit data findings that include economic factors within that area that may influence your decision, or factors that have prohibited an area to be chosen.

Present the data in the following format:
• 1 slide of housing data findings. Provide the housing prices of each chosen city west of the Mississippi for a 3-bedroom, 2-bath condo or house.
• 2-3 slides of your preferred city to relocate with your reasoning for this choice
• 1-2 slides: Explain at least 2 reasons why housing prices vary from city to city
• 3-5 slides: Explain 3-4 ways in which supply and demand affect the prices of the homes
• 3-5 slides: Include any supply and demand figures or calculations to support your reasoning

Reference no: EM1368233

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