scholarly journals Empirical Analysis on the Influential Factors of Real Estate Price: A Panel VAR Model View

2019 ◽  
Author(s):  
Yang Lu
Keyword(s):  
Real Estate ◽  
Empirical Analysis ◽  
Influential Factors ◽  
Var Model ◽  
Panel Var ◽  
Real Estate Price ◽  
Model View

Monetary Policy's Influence on Real Estate Price in China: An Analysis Based on VAR Model

2013 ◽  
Vol 850-851 ◽  
pp. 1003-1007
Author(s):  
Xiong Song He ◽  
Guo Lin Deng
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Real Estate ◽  
Money Supply ◽  
Var Model ◽  
Response Analysis ◽  
Interest Rate Policy ◽  
The Real Estate ◽  
Real Estate Price ◽  
Rate Policy

Monetary policy has a significant effect on real estate price, and monetary policymakers need to have quick response. Based on the assumptions that monetary policy and real estate price influence each other and variables affect one another with a lag, A VAR model is designed and modified. Through impulse-response analysis and variance analysis, the influence of money supply and that of interest rate on real estate price are tested and compared. We found that: both money supply and interest rate could affect the real estate price; interest rate has a bigger influence that money supply does; as time goes on, the influence of money supply changes little, but that of interest rate enhances; interest rate policy is not easy to control and it will lead to a fluctuation of economy and the fluctuation may enhance, money supply is a better method to regulate real estate industry instead.

International Real Estate Review

2010 ◽  
Vol 13 (2) ◽  
pp. 190-217
Author(s):  
Jie Chen ◽  
◽  
Qianjin Hao ◽  
Keyword(s):  
Real Estate ◽  
Empirical Analysis ◽  
Prediction Accuracy ◽  
Large Scale ◽  
Real Estate Market ◽  
Real Estate Price ◽  
Real Estate Projects ◽  
Real Estate Prices

This paper contributes to the literature by examining how much the prediction accuracy of real estate prices could be improved by applying hedonic equations at suitably defined disaggregate levels and incorporating directional heterogeneity of distance gradients. We build our empirical analysis on a large-scale database of real estate projects sold between 2005 and 2007 in Shanghai. Our analysis suggests that the Shanghai real estate market is a complex aggregate and taking into account submarket and directional heterogeneity in hedonic regressions could provide considerable benefits in improving the precision of real estate price predictions.

scholarly journals THE EFFECT OF FOREIGN REAL ESTATE INVESTMENTS ON HOUSE PRICES: EVIDENCE FROM EMERGING ECONOMIES

2013 ◽  
Vol 17 (1) ◽  
pp. 32-43 ◽  
Author(s):  
Hassan Fereidouni Gholipour
Keyword(s):  
Real Estate ◽  
Emerging Economies ◽  
House Prices ◽  
House Price ◽  
Var Model ◽  
Panel Var ◽  
Real Estate Investment ◽  
Price Increases ◽  
Real Estate Investments ◽  
Using Data

In recent years, most emerging economies have experienced large foreign real estate investment (FREI) and an appreciation of house prices. The purpose of this study is to empirically investigate the effects of FREI on house prices by employing a panel VAR model. Using data from 21 emerging economies over the period 2000–2008, our empirical results show that FREI contributes to house price increases. Moreover, the results indicate that the dominant source of house price fluctuations in emerging economies come from the housing market itself.

Real Estate Price Modeling and Empirical Analysis

2012 ◽  
Vol 7 (1) ◽  
pp. 31-51
Author(s):  
Hiroshi Ishijima ◽  
Akira Maeda
Keyword(s):  
Real Estate ◽  
Empirical Analysis ◽  
Real Estate Price
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