Interest rates and GDP growth drive housing price changes in Malaysia
The article explores what factors influence changes in housing prices in Malaysia each year. The researchers looked at the country's GDP growth, lending interest rates, and official exchange rates over a 31-year period. They used a method called Ordinary Least Square to analyze the data. The study found that these factors play a significant role in determining how housing prices change over time. This research can be helpful for others studying housing prices in Malaysia.