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Date of Publication:2022-10-07
Journal:价值工程
Affiliation of Author(s):建设工程学部
Issue:18
Page Number:9-10,11
ISSN No.:1006-4311
Abstract:In recent years, real estate prices continued to grow rapidly. There are many factors that affect the price. Taking Liaoning Province as an example, the paper established a VAR model with lending rates, money supply, urban residents' disposable income and real estate prices for empirical research, then analyzed impulse response functions and variance decomposition of the VAR model with EVIEWS7.0. In the end, the results showed that loan interest rates, money supply and urban residents' disposable generated positive effect on real estate prices,moreover, the contribution of urban residents' disposable income was the strongest, the lending rates over five years was the weakest.
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