• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKIGoogle ScholarCrossref
    • Article Processing Charge (APC): 500 USD
    • E-mail: joebm.editor@gmail.com
JOEBM 2015 Vol.3(3): 352-355 ISSN: 2301-3567
DOI: 10.7763/JOEBM.2015.V3.208

Determinants of Hong Kong’s Housing Prices

Arnold C. S. Cheng and Michael K. Fung

Abstract—The objective of this study is to study the determinants of Hong Kong’s housing prices. Empirical results from this study suggest that Hong Kong’s housing prices are (1) positively related to per-capita GDP; (2) positively related to Hong Kong’s export; (3) negatively related to departure of Hong Kong’s residents; (4) negatively related the total inward and outward movements of goods vehicles; (5) positively related to commercial property prices; and (6) negatively related to factory prices.

Index Terms—Consumption, GDP, Hong Kong, housing prices.

Arnold C. S. Cheng is with the Hong Kong Polytechnic University, Hong Kong (e-mail: afacheng@polyu.edu.hk).


Cite: Arnold C. S. Cheng and Michael K. Fung, "Determinants of Hong Kong’s Housing Prices," Journal of Economics, Business and Management vol. 3, no. 3, pp. 352-355, 2015.

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