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A supply-demand model of real estate prices

Author

Listed:
  • Krzysztof Drachal

    (Politechnika Warszawska, Wydzia³ Matematyki i Nauk Informacyjnych)

Abstract

The aim of this paper is to answer the question whether a simple supply-demand model is capable of explaining changes in real estate prices between the years 2006 and 2013. Furthermore, modifications taking into account the process of the so-called partial adjustment have been considered as well. The research covers the Polish market with respect to different voivodeships.

Suggested Citation

  • Krzysztof Drachal, 2014. "A supply-demand model of real estate prices," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 87, pages 41-44, March.
    • Handle: RePEc:kra:journl:y:2014:i:87:p:41-44
    DOI: 10.14659/worej.2014.87.06
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    File URL: http://swiatnieruchomosci.krakow.pl/pl/sklep/pojedyncze-artyku%C5%82y/2014/numer-87/artyku%C5%82-87-06
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    More about this item

    Keywords

    demand; supply; real estate prices;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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