Rating modeling of the primary residential real estate market of Ukraine

Authors

DOI:

https://doi.org/10.32347/2707-501x.2019.40.25-35

Keywords:

primary market, residential real estate, integral index, regional characteristics, cluster analysis, rating modeling, comparative analysis, allocation of regions.

Abstract

The article analyzes the characters of functioning of the primary residential real estate market the regions of Ukraine. A system of indicators that reflect their condition, development intensity and consumer characteristics of residential houses under construction was used. It was made a cluster analysis of the regions of Ukraine by k-average classification method based on these indicators. Then the regions were ranked according to the criteria of the level of attractiveness of construction and the risk of stopping construction based on the calculated integral indicators. The resulting allocation of regions was analyzed. The calculations made allow us to predict the profitability of the construction activity, estimate the costs and revenues, and the associated risks in a regional context.

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How to Cite

Shaposhnikova, I. (2019). Rating modeling of the primary residential real estate market of Ukraine. Ways to Improve Construction Efficiency, (40), 25–35. https://doi.org/10.32347/2707-501x.2019.40.25-35