This seminar proposes an overview of the existing data on real estate markets and an economic analysis of the tools and methods for assessing the related risks: statistical monitoring of prices, volumes, credit and interest rates; financial stability issues, prudential supervision and regulation of the residential and commercial sector; macroeconomic implications of housing shocks. Using this analytical framework, the seminar then provides a comprehensive outlook of market developments and risks in the current context. From Asia to USA and Europe, issues related to house price valuation, securitization and new risks arising from climate change will be addressed by experts from Banque de France, ECB, IMF, OECD, and top Universities.