
Empirical Study on China’s House Prices
- 1 Accounting and Finance, University of Exeter, United Kingdom
* Author to whom correspondence should be addressed.
Abstract
This study aims to empirically study house prices and their relationship with China's critical economic and financial metrics. The key metrics include interest rate, inflation rate, and stock index prices. This study shows that stock index prices do not significantly impact house prices in China. At the same time, long-term interest and inflation rates positively impact house prices in China.Additionally, short-term interest rate possesses a negative im-pact on house prices. This can shed light on policymakers in China when making economic decisions to influence house prices in China. On top of this, this study also compared house prices and real estate stock index prices and concluded that the two differ significantly.
Keywords
interest rate, stock index, inflation rate., house prices
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Cite this article
Wang,K. (2023). Empirical Study on China’s House Prices. Advances in Economics, Management and Political Sciences,6,54-60.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 2
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