Innovational services importance in the area of housing modernization

Abstract

Due to the complicated situation in the housing market and considering lack of observations the article analyses the importance of innovational services in the area of housing modernization. Main idea is to present possible solutions to the problem of housing modernization after an analysis of the housing market and innovation opportunities performed by a literature review and summary of statistical data and other sources of data collection, systemization, analysis and evaluation. The main conclusion identifies key issues of housing market and possible solutions of modernization. Moreover, conclusions are suitable widely without being tied to a specific country or region.