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The Synchronization of Price Cycles in the Local Housing Markets in Poland in 1996-2012

Author

Listed:
  • Micha³ Kruszka

    (Vistula University, Institute of Risk Management)

  • Rados³aw Trojanek

    (Poznan University of Economics, Department of Microeconomics)

Abstract

The main aim of the paper was to identify the synchronization of dwelling price cycles in the secondary housing market in the years 1996-2012 in the six biggest cities in Poland. This aim determines the scope of the subject, which includes price changes in the secondary housing market, relating both to full and limited ownership rights to private accommodation. The research refers only to dwellings located in multi-family buildings.

Suggested Citation

  • Micha³ Kruszka & Rados³aw Trojanek, 2014. "The Synchronization of Price Cycles in the Local Housing Markets in Poland in 1996-2012," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 90, pages 5-11, December.
    • Handle: RePEc:kra:journl:y:2014:i:90:p:5-11
    DOI: 10.14659/worej.2014.90.01
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    More about this item

    Keywords

    business cycle; housing market; house price cycle;
    All these keywords.

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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