Forecasting real estate market of Baltic countries

Straipsnyje atlikta 2000–2010m. Baltijos šalių nekilnojamojo turto rinkos apžvalga. Siekiant prognozuoti nekilnojamojo turto rinką, sukurti vektorinės autoregresijos modeliai. Atsižvelgiant į Lietuvos nekilnojamojo turto rinkos aktualumą, Lietuvos nekilnojamojo turto kainoms prognozuoti sudaromas tiesinės regresijos modelis. Sudarytų modelių pagalba atliekamos prognozės.Abstract: In this article, the Real Estate market of Baltic countries (2000– 2010 ) is described. In order to forecast the Real Estate market, Vector Autogressive Models were created.Considering the relevance of Lithuanian Real Estate Market, the Linear regression Model was created in order to forecast the prices of Real Estate. The purpose of making the above model was to give such forecasts. Keywords: apartment prices, GDP, interest rates on loans to households, linear regression, number of transactions, real estate market, VAR model