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The Information Base of the Polish Real Estate Market Monitoring

Author

Listed:
  • Leszek Ka³kowski

    (Ma³opolska Wy¿sza Szko³a Ekonomiczna w Tarnowie, Wydzia³ Zarz¹dzania i Turystyki, Katedra Nieruchomoœci i Ubezpieczeñ)

Abstract

The market monitoring system is a significant component of the real estate market and its proper functioning. Decisions made by regulative bodies/authorities, real estate market service and support institutions, research and analysis institutions, investors, borrowers are supported by the data delivered by the monitoring system. Information from the monitoring is required on the local, regional, and national level. The institutionalized system of the real estate market information in Poland is based on the data from notary acts collected by the Central Statistical Office. Despite collecting and delivering important information about the turnover value and the structure of transactions, the system has some significant disadvantages, such as: incompleteness (information on a certain type of transactions is not collected), outdatedness – the data are published with considerable delay, maladjustment of the contents of the data published to users’ needs – commercial users, regulative and administrative authorities, research and educational institutions. The provision of proper and stable financing and institutionalizing of the monitoring system remains another unsolved issue.

Suggested Citation

  • Leszek Ka³kowski, 2014. "The Information Base of the Polish Real Estate Market Monitoring," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 89, pages 5-12, September.
    • Handle: RePEc:kra:journl:y:2014:i:89:p:5-12
    DOI: 10.14659/worej.2014.89.01
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    More about this item

    Keywords

    real estate market data; real estate market turnover; market monitoring;
    All these keywords.

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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