Price convergence of local property market in Szczecin metropolitan area in 2008-2013 Cover Image

Konwergencja cenowa na lokalnych rynkach nieruchomości w aglomeracji szczecińskiej w latach 2008-2013
Price convergence of local property market in Szczecin metropolitan area in 2008-2013

Author(s): Sebastian Gnat
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: price convergence; real estate market analysis

Summary/Abstract: To evaluate convergence mostly means to determine its pace and type. One can evaluate if given objects actually converge and when full convergence shall occur. In its most common form convergence of national growth is studied. In this paper it is proposed to utilize β-, σ-, α-convergence models on the property market to determine price convergence. Subject of the analysis were average prices of apartments located in cities located in Szczecin metropolitan area. Time range of study was 2008-2013. The main goal of the study is to determine whether distinct cities belonging to the same agglomeration tend to converge in terms of properties' prices.

  • Issue Year: 2014
  • Issue No: 36/1
  • Page Range: 213-225
  • Page Count: 13
  • Language: Polish