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A Study on the Role of New Apartment Price and Existing Apartment Price In Housing Market

  • Korea Real Estate Review
  • 2011, 21(3), pp.281-296
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

Woo, Chul-Min 1 심교언 1

1건국대학교

Accredited

ABSTRACT

This paper aims at analyzing the function of the new and existing housing prices in the real estate market. Housing price has been the issue of many researchers and it was the cause of implementing the least upper bound regulation of the government. Consumers of the houses and government say the price of each market influences other market price. In this study, we will track the development of the new and the existing housing prices to create models of housing price respectively. Analyzing the causal relationship between those two market prices, we'll draw the implications of market policy to secure housing market stabilization.

Citation status

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