Factors that Affect the Dwelling Space Market Prices in Latvia
1
Citation
0
Reference
20
Related Paper
Citation Trend
Abstract:
This paper describes the factors that influence the length and deepness of real estate market cycles in the dwelling space market in Latvia. Real estate market cycle length and deepness is influenced by factors like crediting, income level, demographic situation in the region and other factors. In this paper, the authors describe the ways that these factors affect the dwelling space market in Latvia. Understanding the factors that influence the real estate market and knowing the interconnections between them give an opportunity to develop an economically sustainable real estate market from which all participants of the sector would benefit. JEL classification: E39. Keywords: real estate market, real estate economy, real estate market forecast, real estate market cyclicality.Keywords:
Affect
Cite
The policy of supporting the real estate industry was placed by a series of tighten measures in the post-crisis era,which provoked the concerns on real estate market risk.The contraction of trade volume,falling house prices and real estate stocks and the default risk of real estate trust highlight risks of the real estate market.The impact of real estate on consumption,investment and other industries makes the real estate market be deeply interfered by government and financial capital.So,the attitude of government naturally become an important factor which decides the trend of real estate market.The factors such as government regulation intend to promote the real estate market integration,urbanization economic development strategy supports strong demand for the real estate,the real estate price supported by inflation make the real estate market have no systemic risk in the short term.However,in the long run,we should be alert on the impact of exchange rate fluctuations and changes in population age structure to the real estate market.
Income approach
Corporate Real Estate
Cite
Citations (0)
Abstract The authors in the article analyse (in theoretical and practical aspects) factors influencing real estate market, underline their impact on economic development in the long and short run. The authors make comparison of the cycles of macroeconomic indicators and real estate market. The article reveals the characteristics of dwelling real estate structures and market in different Baltic States. The article also analyses affordability indexes for apartments and dwelling houses and the problems of their calculation and comparison.
Residential real estate
Cite
Citations (10)
In the last five years is on the Slovenian real estate market observed highly trend in market volatility in property prices. Developments in the housing market have drastically changed and also represent an important indicator of overall economic trends. There is a lot of factors that affect the market price of real estate. With research we were focus on the problem of the impactof economic growth in the market value of real estate in Slovenia. We were present trend of economic growth in the last decade and its impact on growth or decline in real estate transactions. We were also established if declining real estate transactions affect the provision of more and bigger discounts on the sale of real estate. Among the research parameters, we were presented as well as their interdependence. With constant monitoring of parameters and statistical methods, we were collect data on the impact of economic growth and offered discounts on the real estate market prices, for future periods. The aim of the research is to define those factors that need to be considered for the analytical prediction of the trend of market prices and selling real estate in the future.The results obtained will help real estate valuers in the drawing up of reports assessing the value of real estate.
Income approach
Corporate Real Estate
Value (mathematics)
Cite
Citations (2)
The real estate market is a single-direction market.The real demand separates from the speculating demand,and instead of the price,the vacancy rate is the main means to clean the real market when the demand decreases.There is a positive feedback mechanism among demand,price,and finance in real estate.Besides the factor of real estate finance,macro-economy and industry structure, anticipation psychology in market,and management policy make prices of real estate periodical change.The running law of real estate market demands us to strengthen the forecast and interfere.
Price on application
Anticipation (artificial intelligence)
Corporate Real Estate
Cite
Citations (0)
In this paper,we analyzed the non-equilibrium of Shanghai's real estate market by the non-equilibrium model and the short-side rule hyperbolic aggregation equation based on the time series data of 1993- 2011. The paper Estimated the degree of non-equilibrium of the real estate market. And based on non-equilibrium degree,we analyzed of the timing of Shanghai's government intervention of real estate market. The results showed that: Shanghai's real estate market has long been the existence of effective demand and supply of non-equilibrium state. The effective demand and effective supply of the real estate market had positive correlation with per capita disposable income of urban households and the proportion of urban population. And there is noHerding phenomenon in Shanghai's real estate market. Non-equilibrium degree of the real estate market is an important index of government intervention in the market. Government should sdjust the imbalance of supply and demand of the real estate market by flexible intervention policies. So as to promote the real estate market return to equilibrium and ensure the health and steady growth of the real estate market.
Economic interventionism
Cite
Citations (0)
Price on application
Corporate Real Estate
Cite
Citations (1)
In this study, we present a simple analytic framework that divides the real estate market into two markets: the market for real estate space and the market for real estate assets. After describing the size and character of flows and stocks in the U.S. real estate market, we use our framework to demonstrate the important connections between the space and asset markets. We illustrate how these real estate markets are affected by the nation's macroeconomy and financial markets, tracing out the impacts resulting from various exogenous shocks on rents, asset prices, construction and the stock of real estate.
Economic rent
Stock (firearms)
Tracing
Cite
Citations (305)
Started from the microbodies of real estate market, this paper supposed real estate price is mainly determined by the bodies’ market behaviors and related interactions, while the demanders in real estate market are heterogeneous. and local government and central government are with different purposes in regulating the market. For these considerations above, this paper constructed a real estate price deterministic model, and conducted a numeric simulation. The main findings include: the price fluctuation of real estate market has chaotic characteristics, and the systematic parameters have a comparatively big effect on market equilibrium. The sensitivity that both consumption demanders and real estate developers have on real estate price is positively correlated to real estate market equilibrium. In the long term, the price of real estate market will be approaching to its actual value.
Price on application
Income approach
Consumption
Corporate Real Estate
Cite
Citations (1)
International Real Estate: Asia's Potential from a Research Perspective considers real estate market analysis in the context of economic theory pertaining to market disequilibria, utilizing data from major cities in Asia as case studies. This framework makes it possible to determine what really defines an Asian real estate sector: What is being measured? How does it behave (in terms of price and non-price factors)? How it is structured? How effectively does it achieve sustainable total returns? And how does it manage real estate market uncertainty? Real estate market uncertainty originates from both the demand- and supply-side of the market. The market responds to structural macroeconomic and microeconomic factors that in turn are affected by related public policies. These elements interact to affect Asian real estate in unique ways since the Asian currency crisis in 1997. David Ho's analysis shows that while the details of real estate market analysis are different for the various Asian cities (and their real estate sectors) owing to their different stages of maturity, underlying principles nevertheless apply. He also looks at managing real estate market uncertainty at the portfolio level through the analytical techniques of real estate asset allocation, real estate value-at-risk(VaR), real option analysis and pricing.
Corporate Real Estate
Income approach
Price on application
Cite
Citations (0)
The place, neighbourhood, infrastructure, and apartment plan are the main factors which have an influence on price for the buyers, sellers, investors, or brokers participating in the buying and selling processes of real estate. Participants of the process forget frequently that there are more crucial factors which can affect not only the prices of property, but the prices of real estate in the whole region as well in the future. The article uses benchmarking and discuss the main external factors which affect the real estate market in the European Union, the current events and the proposals are presented and the specific conclusions are identified. Pirkėjai, pardavėjai, investuotojai ar tarpininkai, dalyvaujantys nekilnojamojo turto pirkimo-pardavimo procesuose, esminiais faktoriais, veikiančiais kainą, dažniausiai laiko vietą, kaimynystę, infrastruktūrą bei buto planą. Dažnas proceso dalyvis užmiršta, jog yra nemažai esminių veiksnių, kurie ateityje gali nulemti ne tik būsto, bet ir viso regiono nekilnojamojo turto kainas. Straipsnyje pasitelkiant lyginamąją analizę yra aptariami pagrindiniai nekilnojamojo turto rinką visoje Europos Sąjungoje veikiantys išoriniai faktoriai, šių dienų aktualijos, pateikiami siūlymai bei iškeliamos konkrečios išvados.
Affect
Cite
Citations (0)