The real estate market in Sweden has been subject to substantial increases in prices over a significantly long period of time. This paper means to to delve deeper in light of this, and further examine the price development for single family houses during the period between 2006-2020 in Staffanstorp municipality. The purpose of this study is to determine whether the independent variables population density, real mortgage interest rate, real disposable income, unemployment rate, level of education and rate of construction have any significant price-determining effects on single family houses in the chosen area. The goal of this study will be answered by applying a quantitative method with a deductive perspective. The paper consists of data from 21 different Swedish municipalities over a period spanning 14 years with a number of observations totalling to 315. The data material is balanced and complete with no statistical losses during the entirety of the examined period. The study also relies on support from a variety of different previous studies throughout the majority of the paper. The authors review the empirical results by applying a econometric multiple regression analysis with one-way-fixed effect panel data and thereafter come to the conclusion that real mortgage interest rates, real disposable income and unemployment rates are the most statistically significant variables thus making them the primary price-determining factors for single family houses in Staffanstorp municipality. In addition, this paper seeks to contribute to an increased understanding between a select few econometric factors and their price-determining effects on the real estate market in Sweden and more particularly, the real estate market in Staffanstorp municipality during the period of 2006-2020.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:mau-53328 |
| Date | January 2022 |
| Creators | Horvath, Carl, Gunnarsson, Maja |
| Publisher | Malmö universitet, Institutionen för Urbana Studier (US) |
| Source Sets | DiVA Archive at Upsalla University |
| Language | Swedish |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
Page generated in 0.0183 seconds