An Analysis Of Factors Affecting Hedonic Housing Pricing Index

The housing market has an important share in the economy in recent years. There is also an important interaction between the housing market and financial markets. The housing market is also used as a leading indicator. The aim is to investigate the relationship between Hedonik Housing Price Index prepared by Central Bank of Turkish republic and variables. In addition, causality relations between variables are examined. ARDL Test results indicate that variables excluding the Gold Price have effect on the Hedonic House Price Index in the long run. Granger Causality Test results also indicate the causality relationships between the variables