Study on convergence PF rates of return of residential property market in Szczecin in 2006–2016 in market phases CONTE XT Cover Image

Badanie występowania konwergencji stóp zwrotu na rynku lokali mieszkalnych w Szczecinie w latach 2006–2016 w kontekście faz cyklu koniunkturalnego
Study on convergence PF rates of return of residential property market in Szczecin in 2006–2016 in market phases CONTE XT

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

Summary/Abstract: Convergence means that analyzed objects tend to concur their levels of studied phenomena to normative value. To evaluate convergence mostly means to determine its pace and type. In this paper it is proposed to utilize β-, σ-, α-convergence models on the property market to determine convergence of rates of return. Subject of the analysis were rates of return determined for apartments’ prices located in Szczecin districts. Time range of study was 2006–2016. Periods of price growth and decline were taken into consideration. The main goal of the study is to determine whether districts of Szczecin tend to converge in terms of properties’ rates of return during different phases of market development.

  • Issue Year: 2017
  • Issue No: 50/1
  • Page Range: 139-154
  • Page Count: 16
  • Language: Polish
Toggle Accessibility Mode