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THE ECONOMETRIC MODEL OF PRICES ON THE SECONDARY REAL ESTATE MARKET IN CHELYABINSK
Berezina Anastasiya Vital'evna
National Research University Higher School of Economics (St. Petersburg)
National Research University Higher School of Economics (St. Petersburg)
Abstract
This article is devoted to the analysis of real estate market of Russia on the example of Chelyabinsk city. The econometric analysis of residential properties in Chelyabinsk city was conducted, with the aim of identifying factors affecting the formation of real estate prices. The object of the research was the secondary housing market of the city of Chelyabinsk, namely one-bedroom apartment. This geographical choice was determined by the fact that real estate prices in Chelyabinsk are the lowest in the Ural region. One-bedroom apartments were chosen because they are the most popular among families with children. As a result of this analysis the following factors were identified: the total area of the apartment, the presence of glazed balconies and iron doors, floors and kitchen area. These factors have the greatest influence on the price increase of residential property.
Keywords: econometric analysis, price analysis, residential real estate, the real estate market, value creation
Category: 08.00.00 Economics
Article reference:
The econometric model of prices on the secondary real estate market in Chelyabinsk // Modern scientific researches and innovations. 2015. № 7. P. 3 [Electronic journal]. URL: https://web.snauka.ru/en/issues/2015/07/56257
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