Macroeconomic drivers of house prices in Malaysia / Nur Marissa Mohd Sharif

This study examines on the macroeconomic variables that influence house price in Malaysia. It important to identify the factors of increasing in house price because house is a necessity of life to all living people. If house price increase and no action taken by government, it tends to increase the...

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Bibliographic Details
Main Author: Mohd Sharif, Nur Marissa
Format: Thesis
Language:English
Published: 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/59014/1/59014.pdf
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Summary:This study examines on the macroeconomic variables that influence house price in Malaysia. It important to identify the factors of increasing in house price because house is a necessity of life to all living people. If house price increase and no action taken by government, it tends to increase the value of homeless in countries. The dependent variable used in this study is house price index. Meanwhile, the independent variables are population, gross domestic product, customer price index and base lending rate. To identify the results, the annually data are collected from years 1988 to 2018. The expectation results are GDP, base lending rate, customer price index and population have a significant relationship with house price index. The methodology used for this study was descriptive analysis, correlation analysis, multiple regression analysis, F-test, T-test and R-squared. However, after this research done, it shown the real results have a bit differences with expectation results, which is only base lending rate hasn't significant with house price index.