THE CYCLES OF REAL ESTATE MARKET IN THE BALTIC COUNTRIES

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 reveal...

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Bibliographic Details
Published inTechnological and economic development of economy Vol. 12; no. 2; pp. 161 - 167
Main Authors Galiniene, Birute, Marčinskas, Albinas, Malevskiene, Skaiste
Format Journal Article
LanguageEnglish
Published Vilnius Gediminas Technical University 30.06.2006
Subjects
cycle
factors
index of affordability
market activity
market prices
real estate market
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Summary: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.
ISSN:2029-4913
2029-4921
DOI:10.3846/13928619.2006.9637736