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Urban real estate cadaster of Iasi between past and present. Statistical analysis of price trend

Journal: RevCAD Journal of Geodesy and Cadastre (Vol.-, No. 19)

Publication Date:

Authors : ;

Page : 195-202

Keywords : urban real estate cadaster; statistical analysis; prices evolution;

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In a global economy built housing preservation and valorization is vitally important as long as requirements are met resistance and comfort. But while evolution of modern technology sometimes requires technical solutions that can preserve the existing housing stock and we have to accept modern conceptions of architects with innovative solutions that make the first human energy savings and comfort without compromising strength requirements. Therefore, newly constructed buildings are situated throughout the top real estate transactions and prices, although they have experienced a continuous decline in recent years, remains high relative to the financial possibilities of a regular citizen. The real estate market can be defined as the interaction between persons (individuals or companies) that change property rights against other assets such as cash. This market is defined based on the type of property, the potential to produce income, location and investors characteristics. The real estate market has experienced a downward trend in recent years due to the global financial crisis with a stagnation tendency. Thus, was noted that property values have continued to decrease in recent years in Romania, but in a slower tempo. One of the consequences of the national economy general decline can be assimilate with continues degradation of housing built quality and quantity. This is due, primarily, by the impossibility of individuals persons or companies to maintain a high quality standard. The purpose of this paper is to present a statistical analysis of the evolution of prices for urban real estate market of Iasi and in particular to highlight the differences between the acquisition prices for old and new buildings. Thus we present the evolution of prices for the years 2012 - 2013 the apartments of 1 to 4 rooms for proper both those built recently and those built decades ago. This analysis will be divided into districts and present developments and highlight the differences in average prices in these areas between the two types of property.

Last modified: 2019-02-11 01:59:48