Determinants of Hong Kong's housing prices

Cheuk Sang Cheng, King Fai Fung

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

The objective of this study is to study the determinants of Hong Kong’s housing prices. Empirical results from this study suggest that Hong Kong’s housing prices are (1) positively related to per-capita GDP; (2) positively related to Hong Kong’s export; (3) negatively related to departure of Hong Kong’s residents; (4) negatively related the total inward and outward movements of goods vehicles; (5) positively related to commercial property prices; and (6) negatively related to factory prices.
Original languageEnglish
Pages (from-to)352-355
Number of pages4
JournalJournal of economics, business and management
Volume3
Issue number3
DOIs
Publication statusPublished - 2015

Keywords

  • Consumption
  • GDP
  • Hong Kong
  • Housing prices

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