Cointegration of Property Prices in Poland

This paper presents the analysis of cointegration between offer prices and transactional prices on both primary and secondary local real estate markets. 17 Polish biggest cities are considered and the period between 2006 and 2013. Generally, it is found that primary and secondary markets are not coi...

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Bibliographic Details
Main Author: Krzysztof DRACHAL
Format: Article
Language:English
Published: Sprint Investify 2015-02-01
Series:Expert Journal of Economics
Subjects:
Online Access:http://economics.expertjournals.com/wp-content/uploads/EJE_302drachal1-4.pdf