Analysis of the Factors Affecting the Residential Property Price Index for New Dwellings in Türkiye

Nurgün Komşuoğlu Yılmaz
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Nurgün Komşuoğlu Yılmaz: Istanbul Aydin University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2023, vol. 38, issue 120, 51-72

Abstract: This study investigates the relationship between the weighted average interest rates applied to housing loans, housing construction labor cost and housing unit prices, and the housing price index for new dwellings for the period 2015-2021. In the time series, a structural break was detected in February 2019. in the results of the regression analysis, differences were determined for the January 2015-January 2019 period and the February 2019-August 2021 period.

Keywords: New Dwellings; Price Index; Structural Break (search for similar items in EconPapers)
JEL-codes: R31 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:38:y:2023:i:120:p:51-72

DOI: 10.33203/mfy.1258125

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