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Regression analysis of selected technical and economic parameters of the residential market in the Czech Republic

Author

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  • Eduard Hromada

    (Czech Technical University in Prague, Faculty of Civil Engineering)

Abstract

Currently, there is an increasing interest in the real estate market and many small and large investors regularly monitor real estate prices and price trends at the national and regional level. The covid-19 pandemic has caused a change in long-term trends in the real estate market. The paper deals with a regression analysis of selected technical and economic parameters that affect the real estate market in the Czech Republic. Specifically, these parameters are: the relationship between the average mortgage rate and the price of an apartment for sale, the relationship between the average mortgage rate and the number of properties offered for sale and the influence of the existence of a terrace, balcony or loggia on the unit price of the apartment. The results of the work are based on the EVAL software, which collects data on real estate advertising in the Czech Republic.

Suggested Citation

  • Eduard Hromada, 2021. "Regression analysis of selected technical and economic parameters of the residential market in the Czech Republic," Proceedings of Business and Management Conferences 12713384, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:ibmpro:12713384
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    File URL: https://iises.net/proceedings/12th-business-management-conference-prague/table-of-content/detail?cid=127&iid=004&rid=13384
    File Function: First version, 2021
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    References listed on IDEAS

    as
    1. Liu, Yanan & Tang, Yugang, 2021. "Epidemic shocks and housing price responses: Evidence from China's urban residential communities," Regional Science and Urban Economics, Elsevier, vol. 89(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Real estate market; EVAL software; regression analysis;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • 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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