Author: Brandon Sultana 43268080
This is a 3
year model that depicts the flows between Price, Supply and Demand in the real-estate
market.
Throughout the
model viewers can observe how the figures Price, Supply and Demand alter each
other in an increasing or decreasing way.
Price is
decreased by the growing supply of HousesForSale and increased by the growing
demand of people wanting to buy. As Price decreases, HousesForSale increases
and Price decreases as HousesForSale increase.
From the use of
the graph it is evident that over 3 years the flow of house prices fluctuate
and therefore more houses are sold at different times over 3 years.
The purpose of this insight is to help consumers and Businesses depict the best times to either buy or sell houses to maximize profits.
Additionally the
market had to respect the number of possible consumers who are opting to build
new houses, based on the rise and fall of house prices the real-estate analyses
the new houses and residents in the area grow overtime.
Due to population growth, This cycle remains continuous so long as the real-estate company manages their resources effectively
