Ho Kim Hin, David; Calero Cuervo, Javier - In: Journal of Property Investment & Finance 17 (1999) 1, pp. 35-60
This paper looks into the dynamics of private housing prices in Singapore from the first quarter of 1985 to the fourth quarter of 1995. Employing the cointegration analysis, the paper shows that overall private housing price is cointegrated with real gross domestic product, prime lending rate...