아파트의 분양권 가격변동에 관한 연구 - 시기별 가격변화를 중심으로 -

A Study on Price Fluctuation of Purchasing Rights for Newly Built APT - Focus on the Price Change by Time -

1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to review and deduct the issue of government policy for newly built APT market by forecasting the price fluctuation of its purchasing rights. (2) RESEARCH METHOD This study analyzes the trends and characteristics on the price fluctuation of purchasing rights for newly built APT with its time-series data. (3) RESEARCH RESULTS The result on the study is as follows ; 1) The price and its variation rate on the purchasing of rights for APT has positive increased, although there are some variations according to the sale time. 2) There are big differences in the price on the purchasing of rights for APT from sale to commencement, specially between initial APT sale time and commencement time. 3) APT price before-commencement is more volatile than after-commencement. 4) The transaction activity of purchasing rights is more active at the time of before-commencement. 2. RESULTS The policy issue of the study is as follows ; 1) It needs detail analysis on market and alternative in policy approach because transaction market for newly built APT is relatively unstable and volatile. 2) The policy on transaction of purchasing rights for newly built APT has to be considered with other major economic indicators. 3. KEY WORDS purchasing rights for newly built APT, price before and after-commencement, The transaction activity of purchasing rights