Housing classification as the basis for developing an economic strategy for developer

Abstract

There are 5 types of housing in this article which are consistent with generally accepted classification of residential real estate. It has been implemented a segmentation of the new buildings market by types of availability based on discriminant analysis. This type of the analysis is a statistical method, which allows to research differences between 2 or more object groups simultaneously on several variables and also gives an opportunity to classify objects according to the principle of maximum similarity. According to the samples, some rules have been obtained which later make it possible to determine the class of new objects. The discriminant functions and distribution graphs of objects by type of accessibility have been built, classification method has been graphically presented. Data base of 102 objects has been formed and 12 factors that characterize types of housing availability have been chosen. It has been determined that 5-element classification of objects is the basis for formation of market positions and development of economic strategy for developer in the housing market.