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 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 qu...
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| Format: | Article |
| Language: | English |
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Sciendo
2015-06-01
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| Series: | Folia Oeconomica Stetinensia |
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| Online Access: | https://doi.org/10.1515/foli-2015-0026 |
| _version_ | 1818691350225223680 |
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| author | Kokot Sebastian G. |
| author_facet | Kokot Sebastian G. |
| author_sort | Kokot Sebastian G. |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-17T12:40:30Z |
| format | Article |
| id | doaj.art-4286e44e425e4fad8c132e4d4dc2b9da |
| institution | Directory Open Access Journal |
| issn | 1898-0198 |
| language | English |
| last_indexed | 2024-12-17T12:40:30Z |
| publishDate | 2015-06-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Folia Oeconomica Stetinensia |
| spelling | doaj.art-4286e44e425e4fad8c132e4d4dc2b9da2022-12-21T21:48:01ZengSciendoFolia Oeconomica Stetinensia1898-01982015-06-0115116217310.1515/foli-2015-0026foli-2015-0026Diversified Price Dynamics in some Sub-Segments of the Housing MarketKokot Sebastian G.0University of Szczecin Faculty of Economics and Management Mickiewicza 64, 71-101 Szczecin, PolandThe 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.https://doi.org/10.1515/foli-2015-0026real estate marketreal estate price indices |
| spellingShingle | Kokot Sebastian G. Diversified Price Dynamics in some Sub-Segments of the Housing Market Folia Oeconomica Stetinensia real estate market real estate price indices |
| title | Diversified Price Dynamics in some Sub-Segments of the Housing Market |
| title_full | Diversified Price Dynamics in some Sub-Segments of the Housing Market |
| title_fullStr | Diversified Price Dynamics in some Sub-Segments of the Housing Market |
| title_full_unstemmed | Diversified Price Dynamics in some Sub-Segments of the Housing Market |
| title_short | Diversified Price Dynamics in some Sub-Segments of the Housing Market |
| title_sort | diversified price dynamics in some sub segments of the housing market |
| topic | real estate market real estate price indices |
| url | https://doi.org/10.1515/foli-2015-0026 |
| work_keys_str_mv | AT kokotsebastiang diversifiedpricedynamicsinsomesubsegmentsofthehousingmarket |