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Urban Geography and the Real Estate Market
Reference:
G.М. Sternik, S.G. Sternik, А.V. Sviridov
Developing and improving the methods for real estate market projections
// Urban Geography and the Real Estate Market.
2014. № 1.
P. 102-109.
URL: https://en.nbpublish.com/library_read_article.php?id=65212
G.М. Sternik, S.G. Sternik, А.V. Sviridov Developing and improving the methods for real estate market projections
Abstract:
This article presents an overview and an analysis of the existed methods of real estate market development
projections. The author reviews the works of Russian and foreign authors, and points out the advantages and limitations
of each of the presented methods. The article traces the evolution of methods for the real property market projections,
which were used in Russian Federation from 1996 to present day, focusing attention on the newest, most potent
method, which is based on imitational modular iteration feedback model. The results of testing and retrospective
experimentation with this method confirm its viability. The author presents a number of calculus experiments on the
influence of macroeconomic and industry-based parameters on the market, which conform the viability of this method
to validate target capacities for bringing housing into operation.
Keywords:
real estate market, factors, methods, projections, mathematical models, imitational model, justification, housing capacities, testing, retrospective
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This article written in Russian. You can find original text of the article here
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References
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