Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
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The real estate market in the context of socio-economic development and security: theoretical and practical aspects

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УДК: 351:338.23

DOI: https://doi.org/10.36887/2524-0455-2025-3-4

Hladkyi Oleh Bohdanovych
Postgraduate, Department of Public Administration and Management
Vasyl Stefanyk Precarpathian National University
https://orcid.org/0009-0009-1573-430X
Zhuk Olha Ivanivna
Candidate of Sciences in Economics, Associate Professor, Head of the Department of Public Management and Administration
Vasyl Stefanyk Precarpathian National University
https://orcid.org/0000-0001-8519-5529

The article examines the real estate market as a complex multi-component system that is an important factor in the socio-economic development of a state and an indicator of security and spatial development. The theoretical and methodological basis of the study is based on an analysis of the definition of the concept of “real estate market,” the classification of objects and subjects, types of transactions, and the characteristics of regulatory influence. Emphasis is placed on the specifics of the real estate market as a segment of the national economy with high investment attractiveness, low liquidity, and sensitivity to currency fluctuations and crisis phenomena. The interconnection between the real estate market and related markets—land, financial, and construction—is established, which determines its multiplier effect. The work systematizes real estate objects according to their physical properties, legal status, capitalization, readiness for operation, and functional purpose. The circle of market participants that form demand, supply, and infrastructure support (sellers, buyers, tenants, realtors, notaries, developers, etc.) has been identified. The main types of transactions—purchase and sale, rent, leasing, concession, investment, consulting—and their impact on market development have been identified. The key sectors of operation have been outlined: operational, construction, auxiliary, primary, and secondary markets. Particular attention has been paid to the social, economic, security, and environmental functions of the market, particularly its role in ensuring access to housing, supporting the middle class, shaping the investment environment, and sustainable land use. The need to improve institutional and regulatory regulation of the real estate market is justified, considering the latest challenges – crisis phenomena, uneven development of territories, risks of monopolization, and lack of transparency. A vector for further research is proposed, focusing on the development of effective market management mechanisms, digitization of processes, and integration of sustainable development principles.

Keywords: real estate market, real estate, real estate transactions, market participants, socio-economic development, security, regulation, institutions.

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The article was received 22.04.2025

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Hladkyi O. B., Zhuk O. I.22.04.2025. The real estate market in the context of socio-economic development and security: theoretical and practical aspects. Actual problems of innovative economy and law. 2025. №3. 20-24 pp. https://doi.org/10.36887/2524-0455-2025-3-4

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Hladkyi O. B., Zhuk O. I. The real estate market in the context of socio-economic development and security: theoretical and practical aspects. Actual problems of innovative economy and law. 22.04.2025. https://doi.org/10.36887/2524-0455-2025-3-4