Price Convergence in the Regional Housing Markets in Poland

Average prices of residential real estate usually show significant variation on a regional basis. This reflects different social, economic or historical conditions for the development of these markets. In addition, research so far has not provided strong evidence supporting convergence in the level...

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Main Author: Żelazowski Konrad
Format: Article
Language:English
Published: Sciendo 2019-06-01
Series:Real Estate Management and Valuation
Subjects:
Online Access:https://doi.org/10.2478/remav-2019-0014
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author Żelazowski Konrad
author_facet Żelazowski Konrad
author_sort Żelazowski Konrad
collection DOAJ
description Average prices of residential real estate usually show significant variation on a regional basis. This reflects different social, economic or historical conditions for the development of these markets. In addition, research so far has not provided strong evidence supporting convergence in the level of property prices in the regional dimension. The lack of price convergence, however, does not exclude convergence in the direction and strength of price changes.
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spelling doaj.art-ea3206cb636d408496931ff1e1bb0ceb2022-12-21T18:37:59ZengSciendoReal Estate Management and Valuation2300-52892019-06-01272445210.2478/remav-2019-0014remav-2019-0014Price Convergence in the Regional Housing Markets in PolandŻelazowski Konrad0Faculty of Economics and Sociology, University of LodzAverage prices of residential real estate usually show significant variation on a regional basis. This reflects different social, economic or historical conditions for the development of these markets. In addition, research so far has not provided strong evidence supporting convergence in the level of property prices in the regional dimension. The lack of price convergence, however, does not exclude convergence in the direction and strength of price changes.https://doi.org/10.2478/remav-2019-0014polish housing marketprice convergencesuradf testpanel unit root testsc01r10r32
spellingShingle Żelazowski Konrad
Price Convergence in the Regional Housing Markets in Poland
Real Estate Management and Valuation
polish housing market
price convergence
suradf test
panel unit root tests
c01
r10
r32
title Price Convergence in the Regional Housing Markets in Poland
title_full Price Convergence in the Regional Housing Markets in Poland
title_fullStr Price Convergence in the Regional Housing Markets in Poland
title_full_unstemmed Price Convergence in the Regional Housing Markets in Poland
title_short Price Convergence in the Regional Housing Markets in Poland
title_sort price convergence in the regional housing markets in poland
topic polish housing market
price convergence
suradf test
panel unit root tests
c01
r10
r32
url https://doi.org/10.2478/remav-2019-0014
work_keys_str_mv AT zelazowskikonrad priceconvergenceintheregionalhousingmarketsinpoland