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Serial number: 02/2013
Author(s): Sh. Adigozalov, Kh. Karimov, H. Aliyeva
Language: Azerbaijani
Date: 2013
Abstract: In the article the equilibrium price level in the real estate market was estimated on the basis of economic fundamentals. Results were compared with the actual price level in the real estate market to estimate the size of the “bubble”.
Key words: Real estate market, bubble, property demand and supply, primary and secondary real estate market
JEL classification: R21, R31
