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Applications and Improvements of Real Estate Transaction Volume Statistics

김현아 1 허윤경 1

1한국건설산업연구원

Accredited

ABSTRACT

The trading volume of real estates has been emerged as an important index for understanding market trend bringing about the significance of the statistics of real estate. However, despite the fact that the current statistics has problems in terms of data-collection and system-division, there is no enough knowledge about this. The results of this research show following findings. First, the trading volume statistics, created by Onnara portal, as an approved statistics should not be understood the exact trading volume of existing property because it includes both new and old property. Second, estimation of trading volume compared to total stock provides meaningful figures that can reflect real estate market since large residential developments and demolitions for redevelopment substantially affect local property market. Finally, it is required to define the transaction and its range and to reorganize the frame considering applications for trading statistics of real estate. At first, it is critical to decide on what are adequate transactions that can be used to analyse property market.

Citation status

* References for papers published after 2022 are currently being built.