Facts

Contact person:
Peter Gladoic Håkansson
Financers:
  • Malmö universitet
Responsible at Malmö University:
Peter Gladoic Håkansson
Project members:
Time frame:
01 February 2017 - 31 December 2020
Faculty/department:
Website:
https://saarelgroup.wordpress.com/ external link icon

About the project

Real estate market analysis is a cornerstone in all real estate related education. This type of analysis is becoming increasingly complex; both because of methodological advances in the field and development in the real world. Real estate market analysis matter not only for buyers and sellers but also for investors, financiers, planners and politicians and has consequences also for other markets.

Conclusively, to analyse the real estate market, the perspective of many different actors has to be acknowledged, understood and theorized. However, the real estate market also needs to monitor conditions and changes in several aspects of local, regional, national and global markets in relation to this set of actors. Such aspects could be: geography, land use, labour market and mobility. These aspects, in different ways, influence the real estate market, but they also influence each other. Further, to be able to analyse and understand the complex real estate market, we need a variation of quantitative methods (market analysis, quantitative analysis and descriptive statistics, spatial statistics, and Geographical Information Systems (GIS).

The focus of this research project is to develop real estate market analysis from a holistic perspective with the purpose of creating a better understanding of how the real estate market is influenced by a set of aspects and actors, using a wide range of different quantitative methods. The Department of Urban Studies offers, through its interdisciplinary perspective, a unique possibility to provide new insights to real estate market analysis both in terms of academic research and outreach to actors involved in the real estate market.

Objectives of the platform

The global purpose of this research platform is the understanding of the relationships between different aspects influencing the real estate sector by utilizing novel data sources on old and new research questions as a way to develop knowledge. In other words, we aim to observe, quantify and model the effects of e.g. land use, labour market and/or mobility on the real estate market on local levels. Local levels are here defined as the lowest geographical scale with available data for the studied context. In most cases this is municipality or Small Area Statistics Areas (SAMS) but it can also be GIS-generated levels based on Thiessen polygons or squares of a defined size (Openshaw, 1996). We keep the geographical level of observation flexible with the purpose of to being able to adapt our level of analysis to contextual matters and in relation to the Modifiable Areal Unit Problem (MAUP) (Openshaw, 1984).

The objectives of the research platform are:

  • To understand and analyse how mobility within and between different markets influence prices on local real estate markets.
  • To understand and analyse land use changes occurring in urban areas and the urban/rural fringes where real estate market for housing and the labour market interacts.
  • To develop methods to understand and interpret the effect of conditions such as, proximity, spatial autocorrelation and spatial heterogeneity on real estate markets and their dynamics and relation to access to transport infrastructure and cross border dynamics.

Project website