Publication detail

DEVELOPMENT OF THE CONSTRUCTION INDUSTRY AND THE REAL ESTATE MARKET

PROCHÁZKOVÁ, J. VÍTKOVÁ, E.

Original Title

DEVELOPMENT OF THE CONSTRUCTION INDUSTRY AND THE REAL ESTATE MARKET

Type

conference paper

Language

English

Original Abstract

Construction industry serves as an indicator of the overall condition of the economy because other branches are connected to it. It is mutually interconnected with the real estate market. The aim of this article is to analyse the development of the construction industry and the real estate market in the area of the Czech Republic and describe their mutual functioning. The source of supply in the construction industry is house building which is connected to many indicators as can be the number of houses under construction based on the number of issued building permits, number of flats in various stages of their construction and number of flats already finished which obtained the final building approval. On the basis of the data taken from the graphs by Czech Statistical Office, the study of these figures will be carried out. The purpose of this paper is to create the overall insight into the development of the construction industry. Various views on the development of the real estate market can be found out both in scientific literature and on the internet. However, they are all just predictions and no study deals with the development of the real estate market as a whole in a particular period. Development since 1989 till now is described in this paper. The result should be the prediction of the future development of both markets.

Keywords

Construction industry; development; influencing factors; real estate market.

Authors

PROCHÁZKOVÁ, J.; VÍTKOVÁ, E.

RIV year

2014

Released

16. 10. 2014

Publisher

VUT v Brně, FAST, EKŘ

Location

Brno

ISBN

978-80-214-5050-9

Book

PBE PhD FORUM 2014

Edition number

1

Pages from

50

Pages to

59

Pages count

10

BibTex

@inproceedings{BUT111720,
  author="Jana {Procházková} and Eva {Vítková}",
  title="DEVELOPMENT OF THE CONSTRUCTION INDUSTRY AND THE REAL ESTATE MARKET",
  booktitle="PBE PhD FORUM 2014",
  year="2014",
  number="1",
  pages="50--59",
  publisher="VUT v Brně, FAST, EKŘ",
  address="Brno",
  isbn="978-80-214-5050-9"
}