Diversified Price Dynamics in some Sub-Segments of the Housing Market

• Authors: Sebastian G. Kokot
• Languages of publication: EN

Abstracts

EN

The observation of price movements on the real estate market is an extremely difficult task as we have to face problems belonging to two spheres. The first of them is the specific nature of real estate as marketable objects and of the real estate market itself. The second one is the character and quality of data on real estate transaction prices. In this article the author, based on an empirical study, attempts to prove that even in a single segment of a local real estate market the prices in individual sub-segments can fluctuate with different intensity. The range of price movements can be so vast that it seems pointless to apply a single averaged price index for the whole segment, and usually that is what analysts do.

Keywords

EN

real estate market; real estate price indices

• Publisher: Sciendo
• Journal: Folia Oeconomica Stetinensia
• Year: 2015
• Volume: 15
• Issue: 1
• Pages: 162-173

Dates

published

2015-06-01

received

2014-11-24

accepted

2015-04-27

online

2015-12-30

Contributors

author

Sebastian G. Kokot

• University of Szczecin Faculty of Economics and Management Mickiewicza 64, 71-101 Szczecin, Poland

References

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Identifiers

DOI

10.1515/foli-2015-0026