The aim of the thesis Real Estate Market of Russia is to analyze the real estate market in the Russian Federation with a deeper exploration activities of foreign investors in the Russian real estate market. Thesis theme is very topical and interesting, because among other things, examines the impact of the financial and economic crisis on the real estate market and changes in the interests of foreign investors in the Russian investment projects in real estate and interests of Russian companies abroad. Currently, the real estate market in the Russian Federation is developing very dynamically, it can be said that over the years of crisis and financial instability signed on aggregate supply and demand for real estate in Russia very little. However, at the moment it is merely a statement - proof of this statement is to provide this thesis. The thesis analyzes not only the interest of foreign investors in the real estate market of Russia, but also the interest of Russian investors in the Czech real estate market. Already in the nineties of the twentieth century has seen a significant interest of Russian citizens on housing and commercial real estate in the Czech Republic. It is interesting to explore whether this interest persists to this day and the extent to which the Czech real estate owned by Russian citizens or legal entities whose members are Russian citizens. Another objective of this thesis is to evaluate the real estate market in Russia, with a focus on international development company. This objective will be gradually implemented through the analysis of the current real estate market and evaluate the activities of foreign investors of their share of development projects. The operational objective of the thesis is to evaluate the interests of the citizens of the Russian Federation on real estate in foreign countries (for example, the Czech Republic). Czech Republic was chosen as analyzed state due to good orientation of the author of the thesis in the Czech environment and find out the appropriate options detailed information about the problem. Sub-objectives will be achieved through a detailed analysis of the statistical data of the Czech Statistical Office and also the author's own analysis carried out "in the field". The main hypothesis of this thesis is the claim that the interest of foreign developers in the Russian real estate market is increasing. During the meeting the objectives of the thesis should be stated hypothesis to prove or disprove. The methodological basis of the thesis will consist primarily statistical analysis of data from the Czech Statistical Office and the Russian Federal Statistics Service, as well as data from the media and Russian companies. After selecting the appropriate data and information to analyze existing and ongoing development of real estate markets. Another method used in this thesis, the method of synthesis. With the synthesis of the work will examine the influence of individual factors (financial crisis, negative fluctuations in the economy of Russia, migration processes in Russia) on the real estate market of Russia. In the context of the activities of Russian citizens in the real estate market in the Czech Republic to examine the impact of the liberalization of laws and overall trends in immigration and migration policy of the Czech Republic in question increased interest of Russian investors in real estate projects. The work is logically divided into two parts: theoretical and practical. The theoretical part is focused on general characterization of the terms used in the thesis and their relationships. The theoretical part is to explain the main factors affecting the price of real estate and its variations. The practical part of the thesis focuses on the description and analysis of the current state of the property market in Russia and the Czech Republic. Among other things, describes the current development and privatization processes in Russia in 1990 - 2000. These analyzes and research are part of the practical part.

The Diploma Thesis is based on the Analysis of the real estete market of flats in Brno – mesto focusing on Brno-stred and Brno – Bystrc. Description and characteristics of selected places in Brno – mesto, the analysis of real estate market with flats for selected places, the description of factors affecting the price of flats, the explanation of pricing definitions, the description of the valuation methods and the history of valuation.

The development of ‘Affordable housing’ has become an urgent and important topic of discussion in China. Unlike in western countries where the social welfare system has been set up for many years and the public housing system also is mature, in most of Asian countries, the social welfare systems are still weak in relation to their large amount of low-income populations. The gap between rich and poor is considerable large, and is still increasing; many people with low-income could not afford their own houses since the minimum down-payment and the entry-requirement of real estate market are both increasingly high; the ‘Affordable housing’ is therefore very difficult to be developed appropriately under this circumstances. The thesis provides an overview of the development of ‘affordable housing’ around the world, and a brief introduction of the relevant situation in China, in order to find out some applicable policy suggestions for the development of Guangzhou city’s affordable housing market from such previous experiences. Public housing system in U.S. and Sweden has a strength foundation for many decades, while China is a developing country with the largest population in the world, in order to solve the housing problem, Chinese government start to implement public housing policies and establish the ‘public housing system with Chinese style’. The Guangzhou affordable housing policies are based on the Chinese style public housing system, given the similar culture background and economy foundation, Singapore and Hong Kong’s public housing development process has more value for Guangzhou City Government to learn from. Results from questionnaire and analysis are shown for the current housing statu in Guangzhou City, which reflect some realistic housing problems and it takes a long term for householder to achieve down payment and ‘full house ownership’.

This study examines the factors that affect the decision by home buyers to use real estate brokers and the subsequent effect this decision has on home prices. Buyers with high opportunity costs and the least amount of information about local market conditions are the most likely to use brokers; a finding consistent with the role of the real estate broker as a market intermediary. Not surprisingly, these were some of the same factors that also have a positive impact on selling price. An important finding of this study is that when selection bias is adequately controlled, the real estate broker has no appreciable, independent impact on selling price. This, in turn, suggests a nonsegmented, highly competitive housing market.

La economía moderna ha evidenciado la existencia de crisis financieras provocadas por burbujas especulativas racionales, siendo una de las más sensibles las burbujas inmobiliarias. Los episodios de burbuja, en este trabajo son definidos como períodos explosivos del precio del m2, los cuales no tienen explicación en la evolución de su valor económico. La detección de comportamientos exuberantes en los mercados financieros y la ejecución de pruebas especializadas de detección son de suma importancia. Este documento aplica la metodología de detección de burbujas expuesta por Phillips, Shi y Yu (2012) al mercado inmobiliario de Lima para dos series de distritos los cuáles son denominados “sector alto” (5 distritos) y “sector medio” (10 distritos). Los resultados muestran la existencia de un período de burbuja de precios a partir de los años 2012 y 2013 para la serie de 5 distritos y 10 distritos respectivamente. Este resultado se mantiene para varias pruebas de robustez, como por ejemplo, distintas ventanas de regresión, segmentos de precio y métodos alternativos para generar las pruebas de detección. / The modern economy has evidenced the existence of financial crises caused by rational speculative bubbles, one of the most sensitive being property bubbles. The bubble episodes, in this paper are defined as explosive periods of the m2 price, which have no explanation in the evolution of its economic value. The detection of exuberant behaviors in the financial markets and the execution of specialized detection tests are very important. This document applies the bubble detection methodology set forth by Phillips, Shi and Yu (2012), to the Lima real estate market for two series of districts which are called "high sector" (5 districts) and " middle sector” (10 districts) The results show the existence of a price bubble period from 2012 and 2013 for 5 districts and 10 districts respectively. This result is permanent for various robustness tests, such as different regression windows, price segments, and alternative methods of generating the tests. / Trabajo de investigación

This thesis deals with the methods of the real estate market segmentation in relation to the valuation process. Following the application part, which is an analysis of the real estate market in the city of Brno. On its basis procedures, that can help the expert with dividing real estate market into individual segments, are described. And also gives recommendations on how to deal with the information obtained.

Thesis process of basic terms related to the real estate market and real estate sales. The study also addressed overview of our segments in the real estate market in Lipensko, their characteristics, construction, engineering, urban planning, and economic factors. It´s about the village of Horní Planá, Černá v Pošumaví, Frymburk and Lipno nad Vltavou. In Lipno nad Vltavou are always chosen for each segment three representatives who are investigated and subsequently compared. The work also points to the trends in the real estate market in this area.

This master thesis is focused on the analysis of the real estate market and its segmentation. The beginning of the thesis deals with the basics of the real estate economy and consequently with the main segments on the real estate market. Different statistical and mathematical methods are used in the segmentation of the housing market. The thesis is closed by the analysis of the real estate market and the demonstration and description of how to separate the segment from the market. The output of the work is the recommended methodological procedure for the appraisers.

The doctoral thesis deals with the finding of a suitable approach for predicting the development of the residential real estate market, which would also be applicable in the practice of Experts and further develop the appraisal field. It has been found that a delayed multiple linear regression model appears to be appropriate, as confirmed by the verification of this model. The resulting model is also suitable for use in routine Expert practice, thanks to the simplicity of calculation without ownership of any computing program. Expert thanks to the created model is able to predict the development of the real estate market. The result is bound to the accuracy of the input data. All assumptions of regression models have been tested, optimal explanatory variables were selected based on backword regression. The doctoral thesis explains all input data, methods, tests, procedures and detailed modeling.

The aim of this thesis is to analyze the influences acting on the real estate market and create their prognoses. The first part describes the distribution and development of the construction industry and real estate market. The second part involves the creation of case studies, which are compared to offer and demand individual factors.