
Ekonomski horizonti, Journal Year: 2024, Volume and Issue: 26(3), P. 283 - 300
Published: Jan. 1, 2024
The paper discusses market trends and analyzes the regularities that appear on Serbian national housing regional submarkets. It is assumed that, apart from Common Market driving forces, for newly constructed houses existing stock behave like two separate segments of with imperfect adjustment prices. prime focus analysis divergence between prices in those segments, a special interest process mutual adjustments. Granger causality tests are employed order to reveal whether there causal relationship price indices it has been found relation house prevailing among same methodology applied test if any such markets. results have confirmed likely influence Belgrade new construction other findings will help understand adjustments lead policy recommendations.
Language: Английский