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The development of residential real estate and construction costs in relation to the development of the czech economy
Facek, Pavel ; Doležalová, Monika (referee) ; Cupal, Martin (advisor)
This master's thesis deals with the price development of the residential real estate market and house construction costs in relation to the development of the Czech economy. The goal of this work is to investigate relations using common and accessible information between sales prices, bid prices, house construction costs, and the economy and approximately assess the affordability of housing. The theoretical part of the work is focused on supply and demand, economic development, sales prices of properties, their bid prices, house construction costs, demographics, housing inventory, income, and the amount of mortgage loans granted. Then the needed data is statistically processed using correlations with lags, linear regression and compared by their indices. Outputs from this procession are used to answer the hypothesis.
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