Real Estate Prices in the Republic of Macedonia

Davidovska Stojanova, Biljana and Jovanovic, Branimir and Kadievska Vojnovic, Maja and Ramadani, Gani and Petrovska, Magdalena (2008): Real Estate Prices in the Republic of Macedonia. Published in: National Bank of the Republic of Macedonia Working Paper (August 2008)

Abstract

In this paper we construct a hedonic house price index for Macedonia, for the period 2000-2008. Then we investigate whether house prices in Macedonia are in line with the fundamentals, finding a positive answer.

• Item Type: MPRA Paper
• Language: English
• Keywords: hedonic index; house prices; Macedonia
• Subjects: R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R2 - Household Analysis > R21 - Housing Demand

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