Advanced search ?

Object

The Identification of Seasonality in the Housing Market Using the X13-ARIMA-SEATS Model
Download

Title: The Identification of Seasonality in the Housing Market Using the X13-ARIMA-SEATS Model

Title in english:

Identyfikacja sezonowości na rynku mieszkaniowym przy użyciu modelu X13-ARIMA-SEATS

Creator:

Mach, Łukasz ; Dąbrowski, Ireneusz ; Wotzka, Daria ; Frącz, Paweł

Description:

Econometrics = Ekonometria, 2023, Vol. 27, No. 4, s. 29-43

Abstrakt:

Aim: In the conducted research, profiles of seasonality in the housing market were determined, which provided an opportunity to answer two fundamental questions: what is the nature of harmonic variation in the seasonality and periodicity of the studied components of the construction process? what parameters of the ARIMA model optimally describe the construction market? Methodology: In the conducted research, using the X13-ARIMA-SEATS model, seasonal decomposition was carried out in the various stages of the housing construction process. Results: The research process conducted to identify seasonal fluctuations in the housing construction market showed that harmonic fluctuation profiles can be identified on an annual basis. An analysis of seasonal fluctuations was carried out for each of the three stages of the housing construction process, while also checking how these profiles function for Poland in general, and for individual investors, and for those building apartments for sale or to rent. The study showed that the market for real estate development activity differs in its seasonal characteristics from that of individual investors. Implications and recommendations: The conclusions obtained from the research can provide support in the decision-making process, both from a macro and microeconomic perspective. Parameterisation of the occurring fluctuations, and taking them into account in the process of developing a forecast can provide decision-making rationale in the implementation of macroprudential and financial stability policies Originality/Value: A novelty is in the demonstration that the residential real estate market in Poland shows different seasonal parameters, divided into the market of individual investors and investors who build apartments for sale or rent.

Publisher:

Publishing House of Wroclaw University of Economics and Business

Place of publication:

Wroclaw

Date:

2023

Resource Type:

artykuł

Resource Identifier:

doi:10.15611/eada.2023.4.03 ; oai:dbc.wroc.pl:126040

Language:

eng

Relation:

Econometrics = Ekonometria, 2023, Vol. 27, No. 4

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-SA 4.0

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Group publication title:

Ekonometria = Econometrics

Subject and keywords:

seasonality real estate market X13-ARIMA-SEATS sezonowość rynek nieruchomości

Object collections:

Last modified:

Mar 4, 2024

In our library since:

Mar 4, 2024

Number of object content hits:

66

All available object's versions:

https://dbc.wroc.pl./publication/164835

Show description in RDF format:

RDF

Show description in OAI-PMH format:

OAI-PMH

Edition name Date
The Identification of Seasonality in the Housing Market Using the X13-ARIMA-SEATS Model Mar 4, 2024

Similar

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Identification of homogeneous groups of real estate markets and the pandemic resilience of the construction sector

Dąbrowski, Ireneusz Mach, Łukasz Mikołajczyk, Łukasz Kuświk, Arkadiusz

2021
artykuł
Ekonometria = Econometrics
Ekonometria = Econometrics

Czynniki kształtujące wartość nieruchomości mieszkaniowych w kontekście uwarunkowań makro-, mikro- oraz ultraotoczenia

Mach, Łukasz

2014
artykuł
Ekonometria = Econometrics
Ekonometria = Econometrics

Determinanty ekonomiczno-gospodarcze oraz ich wpływ na rozwój rynku nieruchomości mieszkaniowych

Mach, Łukasz

2012
artykuł
Ekonometria = Econometrics
Ekonometria = Econometrics

An evaluation of the real estate market development with a special consideration of the building process stage

Mach, Łukasz

2016
artykuł
Biblioteka Regionalisty
Biblioteka Regionalisty

Przeobrażenia rynku nieruchomości w polskich metropoliach w okresie 1989–2011 oraz perspektywy jego rozwoju

Słodczyk, Alicja

2012
artykuł
Śląski Przegląd Statystyczny = Silesian Statistical Review
Śląski Przegląd Statystyczny = Silesian Statistical Review

Seasonality testing for macroeconomic time series – comparison of X-12-ARIMA and TRAMO/SEATS procedures

Barska, Magdalena

2014
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

A time-frequency analysis of the housing construction time as the basis for making decisions on the construction market (the case study of Poland)

Mach, Łukasz Zmarzły, Dariusz Dąbrowski, Ireneusz Frącz, Paweł

2020
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Application of FFT transformation and coherence analysis to identify the slow-changing cyclical component on the housing market

Mach, Łukasz Zmarzły, Dariusz Dąbrowski, Ireneusz Frącz, Paweł

2020
artykuł
More
×

Citation

Citation style:

Contact details

Address

Wrocław University of Science and Technology (Coordinator)
Library of Wrocław University of Science and Technology
Wybrzeże Wyspiańskiego 27
50-370 Wrocław, Poland

Phone

(+48) 71-320-38-30
(+48) 71-320-47-50

E-Mail

bc@pwr.edu.pl

Visit us!

https://biblioteka.pwr.edu.pl/

This page uses 'cookies'. More information