Analysis of the Factors Affecting the Residential Property Price Index for New Dwellings in Türkiye

Year 2023, Issue: 120, 51 - 72, 16.10.2023

Nurgün Komşuoğlu Yılmaz

https://doi.org/10.33203/mfy.1258125

Abstract

This study investigates the relationship between the weighted average interest rates applied to housing loans, housing construction labor cost and housing unit prices, and the housing price index for new dwellings for the period 2015-2021. In the time series, a structural break was detected in February 2019. In the results of the regression analysis, differences were determined for the January 2015-January 2019 period and the February 2019-August 2021 period.

Keywords

New Dwellings, Price Index, Structural Break

Türkiye'de Yeni Konut Fiyat Endeksini Etkileyen Faktörlerin Analizi

Abstract

Bu çalışma 2015-2021 döneminde konut kredilerinde uygulanan ağırlıklı ortalama faiz oranları, konut inşaatı işçilik maliyeti ve konut birim fiyatları ile yeni konutlar için konut fiyat endeksi arasındaki ilişkiyi incelemektedir. Zaman serisinde 2019 Şubat ayında yapısal kırılma tespit edilmiştir. Regresyon analizi sonuçlarında Ocak 2015-Ocak 2019 dönemi ve Şubat 2019-Ağustos 2021 dönemleri için farklılıklar bulunmuştur.

Keywords

Yeni Konutlar, Fiyat Endeksi, Yapısal Kırılma

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