Multidimensional Analysis of Real Estate Prices in Seventeen Cities in Poland in Terms of Economic Security
Volume 12, Issue 1 (2022), pp. 27–38
Pub. online: 5 August 2022
Type: Article
Open Access
Received
15 January 2022
15 January 2022
Accepted
6 March 2022
6 March 2022
Published
5 August 2022
5 August 2022
Abstract
The article presents a multidimensional comparative analysis of apartment prices in seventeen cities in Poland from the first quarter of 2017 to the first quarter of 2021 in terms of the maintenance of economic security. Prices were analyzed in two aspects: value and dynamics of changes, referring to the first period under consideration in spatial terms (in each of the seventeen cities). The research used multidimensional comparative analyzes, such as: Chernoff faces and normalization with the use of stimulants. This, in turn, made it possible to examine the similarities and differences in the prices of 1 m2 of residential real estate in respective cities in Poland in a dynamic approach.