The Influence of Real Estate Market Cycle on the Development in Latvia

Geipele, Ineta; Kauškale, Linda

doi:10.1016/j.proeng.2013.04.044

Cited by 23 publications

(15 citation statements)

References 5 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Figure 4 shows that the largest amount of real estate transactions was observed in 2006. However, the total satisfied demand in the real estate market, as well as the average selling price per square meter of housing in the market according to Latvian Central Statistical Bureau data, peaked exactly in 2007 [36]. This means that real estate prices in Latvia had a greater impact on the total accumulated amount of money in the real estate market than the total number of business dealings.…”

Section: Zemgales Regionmentioning

confidence: 96%

Interaction of socio-economic factors and real estate market in the context of sustainable urban development

Geipele

Kauškale

Lepkova

et al. 2014

The 9th International Conference "Environmental Engineering 2014"

Self Cite

View full text Add to dashboard Cite

This article in general reflects the significance of socio-economic factors and the real estate market in sustainable urban development. The relevance of the research is being determined by the high ratio of the real estate market and construction industry in Latvian and Baltic economic structure, as well as well as their major impact on the state socio-economic status. The objective of the research is to identify the major problems existing in the sustainable development of real estate industry for improvement of the situation. The particular attention will be paid to the problems of socio-economic aspects and related macroeconomic indicators. On the basis of the results of the research the proposals for advancement of sustainable and competitive development are prepared. The subject of the research is an interaction of socio-economic factors and real estate market over the period from 2009 to 2013.The article reflects the impact of Latvian national economy and real estate market on the sustainable urban development, as well as the main trends in the real estate market and the socio-economic sphere of the country, in the overall context of the development of the Baltic States. The role of the state is reflected in the socio-economic processes regulation, interaction of the economy and real estate market development, factors influencing the house building, the main challenges and directions of Latvian sustainable development strategies, as well as the correlation of some macroeconomic indicators in terms of sustainable development. On the basis of the conducted study, the main trends in the sustainable development of the real estate market and in the socio-economic sphere have been defined, as well as recommendations on improvement of the situation in the longer term and preventive measures have been developed. The historical, logical, analytical and comparative methods have been used in the article.

show abstract

Section: Zemgales Regionmentioning

confidence: 96%

Interaction of socio-economic factors and real estate market in the context of sustainable urban development

Geipele

Kauškale

Lepkova

et al. 2014

The 9th International Conference "Environmental Engineering 2014"

Self Cite

View full text Add to dashboard Cite

show abstract

“…3, 2015 high profits. In consequence, construction activity increases dramatically (GEIPELE, KAUŠKALE 2013). Despite this, at the sectorial level, sales and profits grow rapidly, as the market for new products has not yet become saturated (BODIE et al 2002).…”

Section: Expansionmentioning

confidence: 99%

Cyclicity Of Housing Markets Under The Specific Condition Of The Existence Of A Bubble In The Real Estate Market

Weise

Philips

Hochheim

2015

Real Estate Management and Valuation

View full text Add to dashboard Cite

In recent years, real estate bubbles have been commonplace in housing markets all over the world. That´s why we examine the relation between housing prices during bubbles in 101 cities located in ten different countries, aiming to explain the housing market cycle during a housing bubble, using economic and housing indicators. We obtained data on eight variables used in market cycle analysis which may be able to explain the existence of speculation and the ideal market cycle. The obtained resultsshow that many of economic and housing indicators begin to decrease while housing prices peak. Only the quantity of transactions peaks during the following year. We also observed that a housing bubble can follow three different scenarios, i.e.: the bubble does not burst, or can burst with a slow decline or sudden and rapid collapse. Finally, it is possible to determine that the same variables can provide clear insight into a bubble in the real estate cycle.

show abstract

“…In general, these factors are also integrated within the framework of the governmental social and housing policy, which is an important component of the Ukrainian housing market functioning [21]. Of cause, housing market trends to illustrate a level of society welfare, but from the other point of view, housing market can be considered as a driver of development for national economy as a whole [11]. Thus, the objectives of the research are to detect the main trends in Ukrainian housing market, to find rationale of modeling housing market fluctuations and to reveal the main peculiarities that could perform further prospective of housing market changes.…”

Section: Introductionmentioning

confidence: 99%

The Development of Housing Market in Ukraine: Modelling and Prospects

Chevhanova¹,

Hryhoryeva²,

Khadartsev³

2018

IJET

View full text Add to dashboard Cite

Trends in the development of the housing market in Ukraine, dynamics of its fluctuations, the identification of key factors that may lead to changes and shifts in the Ukrainian housing market, the impact of the respective primary housing sectors, factors shaping the consumer preferences of households in connection with demand for housing, modeling the housing market and the prospects for the development of the housing market in Ukraine, are considered in this article. The authors pay attention to certain methodological features and factors that shape the specific functioning of the housing market in Ukraine and create the appropriate preconditions for determining the prospects for its further development. Taking into account the technical, operational, consumer and cost characteristics of such a product as housing, and the specifics of the organization and implementation of the production process in construction, the implementation of a cobweb model is proposed to determine the nature of functioning and prospects for further development of the Ukrainian housing market.

show abstract

The Influence of Real Estate Market Cycle on the Development in Latvia

Cited by 23 publications

References 5 publications

Interaction of socio-economic factors and real estate market in the context of sustainable urban development

Interaction of socio-economic factors and real estate market in the context of sustainable urban development

Cyclicity Of Housing Markets Under The Specific Condition Of The Existence Of A Bubble In The Real Estate Market

The Development of Housing Market in Ukraine: Modelling and Prospects

Contact Info

Product

Resources

About