<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This article contributes to research into price dynamics on the real estate market. It proposes a simplified index-based speculative frame method for measuring above-average increases and decreases in real estate prices and monitoring market performance. The theoretical part of the article reviews the literature on the implications of real estate market stability on the economy, monitoring market development, and standard methods for analyzing the housing market with special emphasis on index-based methods. The experimental part of the article presents the results of a study analyzing more than 100,000 transactions on the Warsaw housing market between 2004 and 2015, a period characterized by a considerable increase in house prices. The price dynamics of apartments on the Warsaw real estate market was determined with the use of a time variable. The turning point in the market trend was identified. This article contributes to research into price dynamics on the real estate market.</p>
</abstract>

This article contributes to research into price dynamics on the real estate market. It proposes a simplified index-based speculative frame method for measuring above-average increases and decreases in real estate prices and monitoring market performance. The theoretical part of the article reviews the literature on the implications of real estate market stability on the economy, monitoring market development, and standard methods for analyzing the housing market with special emphasis on index-based methods. The experimental part of the article presents the results of a study analyzing more than 100,000 transactions on the Warsaw housing market between 2004 and 2015, a period characterized by a considerable increase in house prices. The price dynamics of apartments on the Warsaw real estate market was determined with the use of a time variable. The turning point in the market trend was identified. This article contributes to research into price dynamics on the real estate market.

The Application of the Simplified Speculative Frame Method for Monitoring the Development of the Housing Market

Department of Spatial Analysis and the Real Estate Market, Faculty of Geoengineering

University of Warmia and Mazury in Olsztyn

Real Estate Management and Valuation

This work is licensed under the Creative Commons Attribution 4.0 International License.

This article contributes to research into price dynamics on the real estate market. It proposes a simplified index-based speculative frame method for measuring...

The Application of the Simplified Speculative Frame Method for Monitoring the Development of the Housing Market

Published Online: Mar 17, 2022

Page range: 84 - 98

DOI: https://doi.org/10.2478/remav-2022-0008

Keywords
housing market stability, bubble, speculative frame method, simplified speculative frame method

© 2022 Justyna Brzezicka, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

The Application of the Simplified Speculative Frame Method for Monitoring the Development of the Housing Market

Published Online: Mar 17, 2022

Page range: 84 - 98

DOI: https://doi.org/10.2478/remav-2022-0008

Keywordshousing market stability, bubble, speculative frame method, simplified speculative frame method

© 2022 Justyna Brzezicka, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
housing market stability, bubble, speculative frame method, simplified speculative frame method