Analysis of Housing Construction in Selected Regions of the Czech republic

In this bachelor's thesis, we analyze the concentration of housing construction in selected regions of the Czech Republic, specifically in regions with large cities. The work focuses on two hypotheses: whether there is a higher concentration of housing construction in regions with larger cities, specifically in the Capital City of Prague, the South Moravian Region (Brno), and the Moravian-Silesian Region (Ostrava), and the impact of economic shocks on housing construction activity. For the analysis, we use graphical analysis, measures of dynamics and descriptive characteristics, chain index, selected statistics, time series decomposition methods, and intervention analysis. We work with started and completed apartments in annual and quarterly intervals provided by the Czech Statistical Office. The results of the analyses show that in regions with large cities is indeed a higher concentration of housing construction. Additionally, the results show that economic shocks, the global financial crisis in 2008, and the coronavirus pandemic did not have a statistically significant impact on the completion of apartments, thus not confirming the hypothesis of the impact of economic shocks on the completion of apartments. However, we observe an impact on the initiation of apartments, thus confirming the hypothesis of the impact of economic crises on the initiation of apartments.