Determinants of housing price in United Kingdom / Siti Nur Farhan Azhar

• Main Author: Azhar, Siti Nur Farhan
• Format: Thesis
• Language: English
• Published: 2021
• Subjects: Macroeconomics; Housing
• Online Access: https://ir.uitm.edu.my/id/eprint/62109/1/62109.pdf; https://ir.uitm.edu.my/id/eprint/62109/

This study will investigate the relationship between macroeconomic variables and housing price in United Kingdom. This study using secondary data which is time series that was collected from Data Stream on quarterly basis which from quarter 1 2000 to quarter 2 2020 and the data had been regress using Eview 10. The dependent variable is United Kingdom Housing Price Index (UK HPI) while, the independent variables are interest rate, Gross Domestic Product (GDP), inflation (CPI) effective exchange rate and money supply. In summary of the findings, regression results showed interest rate and money supply had significant relationship with housing price. Besides, money supply and inflation (CPI) had positively related while interest rate, Gross Domestic Product (GDP) and effective exchange rate had negative relationship with housing price. The study concluded with some recommendations to be used for the future researchers.