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2018 | 19 | 1 | 28-37

Article title

SPATIAL ANALYSIS OF LOCAL HOUSING REAL ESTATE PRICE CHANGES (USING OLSZTYN AS AN EXAMPLE)

Content

Title variants

Languages of publication

EN

Abstracts

EN
This paper analyses the spatial dynamism of price changes in the housing market in Olsztyn. A geographically-weighted regression was used to examine the relationship between price changes in time and features of properties that describe specific technical and functional parameters. Data from 2007-2015 obtained from RCiWN were used to construct one exponential GWR model as well as separate models for each year under analysis. The results are presented in background maps.

Contributors

  • Faculty of Geodesy, Spatial Engineering and Construction, University of Warmia and Mazury in Olsztyn, Poland
  • Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn, Poland

References

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  • Brunsdon C., Fotheringham S., Charlton M. (2000) Geographically Weighted Regression as a Statistical Model. Spatial Analysis Research Group Department of Geography, University of Newcastle-upon-Tyne, UK.
  • Cellmer R. (2010) Analiza przestrzenna dynamiki zmian cen nieruchomości lokalowych z wykorzystaniem regresji ważonej geograficznie. Acta Sci. Pol., Administratio Locorum 9(3), 5-14 (in Polish).
  • Cellmer R. (2013) The Use of the Geographically Weighted Regression for the Real Estate Market Analysis. Folia Oeconomica Stetinensia, 17(2).
  • Charlton M. Fotheringam S. (2009) Geographically Weighted Regression. White Paper, National Centre for Geocomputation, National University of Ireland Maynooth.
  • Kiel K. A., Zabel J. E. (2008) Location, Location, Location: The 3L Approach to House Price Determination. Journal of Housing Economics 17, 175-190.
  • Kucharska-Stasiak E. (2016) Ekonomiczny wymiar nieruchomości. Wyd. Naukowe PWN, Warszawa (in Polish).
  • Kulczycki M., Ligas M. (2007) Regresja ważona geograficznie jako narzędzie analizy rynku nieruchomości. Geomatics and Environmental Engineering, University of Science and Technology Press, 1(2), 59-68 (in Polish).
  • Li M. M., Brown J. (1980) Micro-neighbourhood Externalities and Hedonic Housing Prices. Land Economics, 56, 125-141.
  • Łaszek J. (2006) Rynek nieruchomości mieszkaniowych i jego specyfika jako czynniki determinujące ryzyko kredytowania hipotecznego. Materiały i Studia NBP, 203 (in Polish).
  • Porta S., Latora V., Strano E., Cardillo A., Scellato S., Iacoviello V., Messora R. (2009) Street Centrality vs. Commerce and Service Locations in Cities: a Kernel Density Correlation Case Study in Bologna, Italy. Urban & Planning, B 36, 450-465.
  • Rosen S. (1974) Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition. Journal of Political Economy, 82, 34-55.
  • Silverman B. W. (1986) Density Estimation for Statistics and Data Analysis. New York, Chapman and Hall.

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-017566ec-9d98-4a18-9544-b33b05497f00
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