An analysis of the evolutions of real estate market and purchasing power within the European Union

Ciprian Șipoș and Alexandru Buglea
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Ciprian Șipoș: West University of Timisoara, Romania
Alexandru Buglea: West University of Timisoara, Romania
Authors registered in the RePEc Author Service: Ciprian Sipos

Theoretical and Applied Economics, 2015, vol. XXII, issue Special(III), 5-14

Abstract: The paper analyzes the influence of the purchasing power on the evolution of the real estate market in the EU countries, based on the developments of GDP per capita, purchasing power parities, House Price Index and production in construction in period 2008-2013 in the EU countries. The research reveals that the evolution of GDP per capita significantly influences the evolution of House Price Index, and the price index at his turn influences the evolution of production in construction. Finally, is made a grouping of EU countries into four categories and are discussed the prospects of Real Estate market developments in the EU countries.

Keywords: Real Estate Market; purchasing power; House Price Index; production in construction. (search for similar items in EconPapers)
Date: 2015
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Related works:
Working Paper: An Analysis of the Evolutions of Real Estate Market and Purchasing Power within the European Union (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:special(iii):p:5-14

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