Inflation Shocks in China Drive House Sales Down, Money Supply Up.
The article examines how economic changes impact house sales in China. By analyzing data from 2005 to 2022, the researchers found that past performance strongly influences house sales. Inflation decreases house sales, while an increase in money supply boosts them. Using a VAR model, they predict future housing price trends and offer advice to investors. These findings provide valuable insights for understanding housing prices in China.