Macroeconomic factors that mostly effects the housing price in Asia-Pacific countries / Nur Afiqah Mohd Yusof

Most research on housing price concentrates on macroeconomic factors such as gross domestic product (GDP), inflation rate, interest rate, population and unemployment rate. This research aim is to determine the relationship between macroeconomic factors and house price index in Asia-Pacific countries...

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Bibliographic Details
Main Author: Mohd Yusof, Nur Afiqah
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/107543/1/107543.pdf
https://ir.uitm.edu.my/id/eprint/107543/
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Summary:Most research on housing price concentrates on macroeconomic factors such as gross domestic product (GDP), inflation rate, interest rate, population and unemployment rate. This research aim is to determine the relationship between macroeconomic factors and house price index in Asia-Pacific countries. It is specifically focusing on Australia, Canada, China, Hong Kong, Indonesia, Japan, Malaysia, New Zealand, Singapore and South Korea. The data was analysed to determine macroeconomic factors that mostly affect the housing price. This research employs a panel regression model to examine the relationship between macroeconomic factors and housing price and to determine the most significant macroeconomic factor that influencing the housing price. The results indicate that GDP and inflation rate are the most significant factors toward housing price