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DWELLING’S PRICE FLUCTUATIONS AND THE BUSINESS CYCLE

Vol. 3, No 2, 2010

Radosław Trojanek

Departament of Investment and Real Estate

PoznańUniversityofEconomics

r.trojanek@ue.poznan.pl

 

Dwelling’s Price Fluctuations and the Business Cycle

 

 

ABSTRACT. The main aim of the paper is to identify the influence of business cycle in Poland on dwelling’s price fluctuations on the secondary housing market in the years 1996- II q. 2009 in Poznań. The subject scope results from the aim of the paper and includes price fluctuations on the secondary housing market, involving both property rights and cooperative property rights for private accommodation.

 

Received: June, 2010

1st Revision: September, 2010

Accepted: October, 2010

JEL Classification: E32, P2

Keywords: residential market, house price fluctuations, business cycle.