Determinants of real estate prices in the statutory city of
Brno

J 2018

Determinants of real estate prices in the statutory city of Brno

REICHEL, Vlastimil a Petr ZIMČÍK

Základní údaje

Originální název

Determinants of real estate prices in the statutory city of Brno

Autoři

REICHEL, Vlastimil a Petr ZIMČÍK

Vydání

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2018, 1211-8516

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50201 Economic Theory

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/18:00103541

Organizační jednotka

Ekonomicko-správní fakulta

DOI

https://doi.org/10.11118/actaun201866040991

EID Scopus

2-s2.0-85054590192

Klíčová slova anglicky

hedonic price model; price determinants; real estate market

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 2. 2. 2024 13:20, Mgr. Pavlína Kurková

Anotace

V originále

The real estate market demand for both houses and flats has been growing recently. This trend is one of the factors, which are able to influence the price of real estate. Our paper introduces determinants of housing price and their influence on actual real estate prices in the statutory city of Brno. The aim of this paper is to present key determinants of house price and find the hedonic price model, which describes, how determinants affect house price best. Realized prices were analyzed for housing units located in different districts of Brno. Key determinants in this research are a year of sale, an area of flat in square meters, number of rooms, location in districts of Brno, type of masonry and reconstruction. The dataset covers the time period between years 2012 and 2015. Hedonic price model is estimated by the method of ordinary least square. Besides main aim, four assumptions were verified, which should determine the influence on the price of individual determinants in the statutory city of Brno.

Návaznosti

MUNI/A/0966/2017, interní kód MU

Název: Nekonvenční monetární politika a instituce trhu práce pohledem dynamických stochastických modelů všeobecné rovnováhy (Akronym: Nekonvenční monetární politika)

Investor: Masarykova univerzita, Nekonvenční monetární politika a instituce trhu práce pohledem dynamických stochastických modelů všeobecné rovnováhy, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Přiložené soubory

actaun_2018066040991.pdf

Citovat

REICHEL, Vlastimil a Petr ZIMČÍK. Determinants of real estate prices in the statutory city of Brno. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis. 2018, roč. 66, č. 4, s. 991-999. ISSN 1211-8516. Dostupné z: https://doi.org/10.11118/actaun201866040991.

@article{1430936,
   author = {Reichel, Vlastimil and Zimčík, Petr},
   article_number = {4},
   doi = {https://doi.org/10.11118/actaun201866040991},
   keywords = {hedonic price model; price determinants; real estate market},
   language = {eng},
   issn = {1211-8516},
   journal = {Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis},
   title = {Determinants of real estate prices in the statutory city of Brno},
   url = {https://acta.mendelu.cz/66/4/0991/},
   volume = {66},
   year = {2018}
}

TY  - JOUR
ID  - 1430936
AU  - Reichel, Vlastimil - Zimčík, Petr
PY  - 2018
TI  - Determinants of real estate prices in the statutory city of Brno
JF  - Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
VL  - 66
IS  - 4
SP  - 991-999
EP  - 991-999
SN  - 12118516
KW  - hedonic price model
KW  - price determinants
KW  - real estate market
UR  - https://acta.mendelu.cz/66/4/0991/
L2  - https://acta.mendelu.cz/66/4/0991/
N2  - The real estate market demand for both houses and flats has been growing recently. This trend is one of the factors, which are able to influence the price of real estate. Our paper introduces determinants of housing price and their influence on actual real estate prices in the statutory city of Brno. The aim of this paper is to present key determinants of house price and find the hedonic price model, which describes, how determinants affect house price best. Realized prices were analyzed for housing units located in different districts of Brno. Key determinants in this research are a year of sale, an area of flat in square meters, number of rooms, location in districts of Brno, type of masonry and reconstruction. The dataset covers the time period between years 2012 and 2015. Hedonic price model is estimated by the method of ordinary least square. Besides main aim, four assumptions were verified, which should determine the influence on the price of individual determinants in the statutory city of Brno.
ER  -

REICHEL, Vlastimil a Petr ZIMČÍK. Determinants of real estate prices in the statutory city of Brno. \textit{Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis}. 2018, roč.~66, č.~4, s.~991-999. ISSN~1211-8516. Dostupné z: https://doi.org/10.11118/actaun201866040991.

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