부동산 유형별 매매가격 변동의 상호관계에 관한 실증연구 - 서울시 권역별 비교를 중심으로 -

Abstract

This study was conducted with the aim of finding the characteristics of changes in the housing market in relation to other types of real estate in a time series study to understand the housing market. To this end, we looked into the types and characteristics of each type of real estate, the characteristics of each type of real estate in Seoul, the housing sub-market theory, and related prior research to find the differentiation of research and direction of research. Using the data of real estate 114Reps, time series data on selling prices were established between Q1 2006 and Q2019 for apartment, officetels, and collective commercial stores in each of the four districts of Seoul, and the empirical analysis was conducted by indexing them. The main results of the empirical analysis of the interrelationships between prices by type of real estate shown in this study are as follows : First, the causal relationship between prices by type of real estate was different in cause and effect variables depending on regional characteristics. Second, in terms of correlation between prices by type of real estate, positive (+) and negative (-) relationships were shown depending on regional characteristics. Third, it was found that the mutual influence of apartments, officetels, and collective commercial stores in the short term was not significant in terms of the impact relationship between prices by type of real estate. The empirical analysis results confirmed that there are differences in causality and correlation between prices by type of real estate depending on the market situation and characteristics of each region, and meaningful research results were derived that confirmed that the impact of price changes by type of real estate may vary depending on the movement of investment demand.