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

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.

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

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

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Diversified Price Dynamics in some Sub-Segments of the Housing Market"}

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...

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

Publié en ligne: 30 déc. 2015

Pages: 162 - 173

Reçu: 24 nov. 2014

Accepté: 27 avr. 2015

DOI: https://doi.org/10.1515/foli-2015-0026

Mots clés
real estate market, real estate price indices

© University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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

Publié en ligne: 30 déc. 2015

Pages: 162 - 173

Reçu: 24 nov. 2014

Accepté: 27 avr. 2015

DOI: https://doi.org/10.1515/foli-2015-0026

Mots clésreal estate market, real estate price indices

© University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Mots clés
real estate market, real estate price indices