환율 및 금리의 변화가 경매 낙찰가율에 미치는 영향분석

A Study on the Effect of Changes in Exchanges Rates and Interest Rates in Successful Bid Housing Auction

1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to show the relationship between interest rate and exchange rate with successful bid housing auction. (2) RESEARCH METHOD This study was focused on time series analysis. The data for this analysis were collected from the impulse response analysis with causality test. The study includes the data just before and after the 2008 global financial crisis(8 years long). Especially this study used with the correlation between exchange rate, interest rate and successful bid housing auction. (3) RESEARCH FINDINGS In the results of this survey, the most important point is to find out the correlation between interest rate, exchange rate and successful bid housing auction with the data of apartment in Seoul. 2. RESULTS This study offers two alternatives to improve the real estate auction area in Korea, especially in Seoul. 1) If the expectation has been changed in the exchange rate of the real estate auction market investment flows then the yields can be change. 2) The changes in interest rates are also the target to be care of.