Real estate markets: universalities, particularities and singularities

Abstract

Based on the idea that the real estate market is an abstraction, since it refers to a wide spectrum of market modalities, the question posed in this paper is: Which determinations are common to all real estate markets? Which are similar and defining for each group or market type and which are specific to each locally-, historically- and spatially-determined market? In view of these questions, this essay, based on the dialectical method, explores and applies the concepts of singularity, particularity and universality in the analyses of real estate markets, thereby explaining correlations and interdependencies between these dimensions. In addition, it also applies the singular-particular-universal triad to an analysis of the real estate market in the central area of Recife.