RESIDENTIAL PROPERTY MARKET IN THE FUNCTIONAL URBAN AREA OF OLSZTYN IN THE CONTEXT OF DEMOGRAPHIC CHANGES

Abstract

The development of cities is accompanied by growth of the real estate markets within the suburban zone of the municipal urban area. This is the zone functionally related to the core city, where the processes occurring in the property market result primarily from decisions taken by city dwellers concerning the choice of their place of residence. This is reflected in completed transactions, which influence demographic changes. Therefore, the property market becomes a reflection of urbanization processes taking place in this area. The conducted research concerns an analysis of the property market in the suburban zone of Olsztyn of building plots, single-family houses and residential premise segments in the context of demographic changes. The results of the research present the dynamics and directions of development of the suburban zone. The period of research covers the years of 2007-2015, and the spatial scope covers the level of communes and the surveying sections they are composed of (villages).

Keywords

• suburbanization
• suburban zone
• local property market
• housing properties