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Study on the Causality and Lead-lag relationship between Size of House sub market and the Consumer Sentiment Survey
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 Title & Authors
Study on the Causality and Lead-lag relationship between Size of House sub market and the Consumer Sentiment Survey
Kim, Gu-Hoi; Kim, Ki-Hong; Lee, Joo-Hyung;
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 Abstract
The purpose of this study is to explore the causal and precedence relationships between the housing sub-market and the results of a consumer sentiment survey about the housing market. This study investigates the relationships between the survey results and an apartment deal price index by size and bidding price rate in apartment auctions by extending research related to consumer sentiment surveys. We surveyed the Seoul Metropolitan Area and analyzed the results using a unit root test, cointegration test, Granger causality test, and cross-correlation test. It was confirmed that causality exists between the survey results and apartment deal price index by size and bidding price rate, and it was also confirmed that there are correlation and precedence relationships between them.
 Keywords
The consumer sentiment survey;House sub-market;Apartment market by size;Apartment auction market;
 Language
Korean
 Cited by
 References
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