Applying The Line Of Resistance In Studies On Prices On The Housing Market In Szczecin

Hozer Józef () and Gdakowicz Anna ()
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Hozer Józef: Department of Econometrics and Statistics University of Szczecin
Gdakowicz Anna: Department of Econometrics and Statistics University of Szczecin

Real Estate Management and Valuation, 2014, vol. 22, issue 1, 69-76

Abstract: The average price of residential real estate offered on the housing market in Szczecin has been declining since 2008. Prices on both the primary and secondary markets were regularly adjusted, disregarding the fact that the cost of 1 square meter of newly built flats was rising. Therefore, the question of how low can prices fall for the market to remain profitable arises? The situation on the residential real estate market has been analyzed in four areas: on the primary and secondary market, as well as by offer and transaction prices. The study was conducted in Szczecin on a quarterly basis in the period of 2007-2012.

Keywords: housing market; offer price; transaction price; reproduction cost; line of resistance (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:remava:v:22:y:2014:i:1:p:8:n:9

DOI: 10.2478/remav-2014-0009

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