@article{ART002120507},
author={노민지 and Seon-Jong Yoo},
title={A Relationship between Sales Prices of APT and Consumer Sentiment},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2016},
volume={89},
pages={3-13},
doi={10.15793/kspr.2016.89..001}
TY - JOUR
AU - 노민지
AU - Seon-Jong Yoo
TI - A Relationship between Sales Prices of APT and Consumer Sentiment
JO - The Korea Spatial Planning Review
PY - 2016
VL - 89
IS - null
PB - 국토연구원
SP - 3
EP - 13
SN - 1229-8638
AB - Since Katona’s research on consumer sentiment in 1968, many articles have demonstrated that consumer psychology index is one of the key factors in decision making. In general, internet is the main source of people’s pre-purchase information gathering. By using search engines such as Naver, researchers concluded that online search data provide an accurate but simple way to predict present and future activities.
We analyzed how consumer sentiment affects on housing market trends by using data from Naver Trends, online search statistics, and KRIHS’ consumer sentiment index. Through our analysis, we can understand relation between consumer sentiment and house prices. Estimation results show that the Naver Trends, online search statistics, has positive influence on house prices in the short-run and KRIHS’ consumer sentiment index has positive influence on house prices in three months. These results would help consumers, executives and policy makers to make effective decisions on timing of housing policy.
KW - Consumer Sentiment;Online Search;House Prices;Panel Model
DO - 10.15793/kspr.2016.89..001
ER -
노민지 and Seon-Jong Yoo. (2016). A Relationship between Sales Prices of APT and Consumer Sentiment. The Korea Spatial Planning Review, 89, 3-13.
노민지 and Seon-Jong Yoo. 2016, "A Relationship between Sales Prices of APT and Consumer Sentiment", The Korea Spatial Planning Review, vol.89, pp.3-13. Available from: doi:10.15793/kspr.2016.89..001
노민지, Seon-Jong Yoo "A Relationship between Sales Prices of APT and Consumer Sentiment" The Korea Spatial Planning Review 89 pp.3-13 (2016) : 3.
노민지, Seon-Jong Yoo. A Relationship between Sales Prices of APT and Consumer Sentiment. 2016; 89 3-13. Available from: doi:10.15793/kspr.2016.89..001
노민지 and Seon-Jong Yoo. "A Relationship between Sales Prices of APT and Consumer Sentiment" The Korea Spatial Planning Review 89(2016) : 3-13.doi: 10.15793/kspr.2016.89..001
노민지; Seon-Jong Yoo. A Relationship between Sales Prices of APT and Consumer Sentiment. The Korea Spatial Planning Review, 89, 3-13. doi: 10.15793/kspr.2016.89..001
노민지; Seon-Jong Yoo. A Relationship between Sales Prices of APT and Consumer Sentiment. The Korea Spatial Planning Review. 2016; 89 3-13. doi: 10.15793/kspr.2016.89..001
노민지, Seon-Jong Yoo. A Relationship between Sales Prices of APT and Consumer Sentiment. 2016; 89 3-13. Available from: doi:10.15793/kspr.2016.89..001
노민지 and Seon-Jong Yoo. "A Relationship between Sales Prices of APT and Consumer Sentiment" The Korea Spatial Planning Review 89(2016) : 3-13.doi: 10.15793/kspr.2016.89..001
