The impact of inflation expectations on housing price: Based on the economic indicator of consumer confidence index

Abstract

Based on the economic indicator of Consumer Confidence Index, this paper prognosticates and analyzes the impact of inflation expectations on housing price. Combined with theoretical analysis, this paper presents a housing prices and multivariate regression model for scientific analysis with the sample of 1999 ~ 2010 housing market monthly data in China. Study found that inflation expectations can result in rise of housing prices, namely producers' and consumers' of inflation expectations, will intensively promote the imbalances of real estate market supply and demand and cause the rising housing prices. © 2014 Springer-Verlag Berlin Heidelberg.