Diversified Price Dynamics in some Sub-Segments of the Housing Market
Kokot Sebastian G. ()
Additional contact information
Kokot Sebastian G.: University of Szczecin Faculty of Economics and Management Mickiewicza 64, 71-101 Szczecin, Poland
Folia Oeconomica Stetinensia, 2015, vol. 15, issue 1, 162-173
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.
Keywords: real estate market; real estate price indices (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1515/foli-2015-0026 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:15:y:2015:i:1:p:162-173:n:8
DOI: 10.1515/foli-2015-0026
Access Statistics for this article
Folia Oeconomica Stetinensia is currently edited by Waldemar Tarczyński
More articles in Folia Oeconomica Stetinensia from Sciendo
Bibliographic data for series maintained by Peter Golla ().