수도권 1기 신도시 아파트 가격변동 특성에 관한 시계열적 연구

A Time Series Study on the Characteristic of the Price Fluctuations in the Metropolitan 1st Newtown

The purpose of this study is to explore characteristic of the price fluctuations in the Metropolitan 1st Newtown. This study attempted to investigate and analysis characteristic of the price fluctuations of a sale price, lease price and auction price of the Bundang and Ilsan Newtown apartment. To this end, they have survey about Bundang and Ilsan apartment. And in order to analyze them, conducted unit root test, cointegration test, granger causality test, impulse-Response and variance decomposition test. The results of the study are as follows. First, it was confirmed that Bundang and Ilsan apartment market is different of causality by price type Second, it was confirmed that Bundang and Ilsan apartment market is existence of the causality between sale price and auction price, but that is different of the influence size Last, it was confirmed that Bundang and Ilsan apartment market is out of existence at the lease price The significance of this study is the first attempt about subdivision analyzing the 1st Newtowns apartment market by an extend of the 1st Newtowns apartment market analysis.