Analysis of relationship of housing market price

Tomasz Stryjewski

Abstract


This article attempts to analyze the flats price relationship in Warsaw. It was examined average houses prices with different number of rooms, and the relation of their mutual interaction. The aim of the article was to identify the price relationship of various market segments. The second objective was to analyze the dynamics of price impact changes in individual segments at each other. The study showed that the prices of individual segments depend mainly on the nearest neighborhood. And the prices of the highest segment are the result of the entire real estate market.


Keywords


real estate, pricing analysis, congruent model, error correction model

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Print ISSN: 1643-8175 (2451-0947), Online ISSN: 2451-0955, DOI prefix: 10.19197, Principal Contact: tbr@wsb.torun.pl