Identification of Regularities in Relation Between Prices on Primary and Secondary Housing Market in Selected Cities in Poland

Abstract The purpose of this study is to identify regularities in the price relations between primary and secondary housing markets. market are two related but quite differentiated sub-segments residential market. They particularly differ qualitative features their traded objects and, consequently, also prices recorded trading. Nevertheless, they remain under influence same main factors a macroeconomic nature. This gives rise research hypothesis that flats quoted specific relationships with one another. In an attempt verify hypothesis, paper presents results analytical work on search for relationship markets selected Polish cities. concern dynamics structure relation indices constructed research. include classification analyses. findings have revealed, inter alia, majority cities study, higher than However, situations which reverse happens periodically (sometimes occasionally) not rare. examined permanent subject relatively large, irregular fluctuations over time. It possible distinguish groups similar respect, these similarities strong.