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Jump point detection for real estate investment success

Author

Listed:
  • Hui, Eddie C.M.
  • Yu, Carisa K.W.
  • Ip, Wai-Cheung

Abstract

In the literature, studies on real estate market were mainly concentrating on the relation between property price and some key factors. The trend of the real estate market is a major concern. It is believed that changes in trend are signified by some jump points in the property price series. Identifying such jump points reveals important findings that enable policy-makers to look forward. However, not all jump points are observable from the plot of the series. This paper looks into the trend and introduces a new approach to the framework for real estate investment success.

Suggested Citation

  • Hui, Eddie C.M. & Yu, Carisa K.W. & Ip, Wai-Cheung, 2010. "Jump point detection for real estate investment success," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(5), pages 1055-1064.
    • Handle: RePEc:eee:phsmap:v:389:y:2010:i:5:p:1055-1064
    DOI: 10.1016/j.physa.2009.11.022
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    References listed on IDEAS

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    5. Paul Mizen (ed.), 2003. "Monetary History, Exchange Rates and Financial Markets," Books, Edward Elgar Publishing, number 2818.
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    Citations

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    Cited by:

    1. Yujiao Yang & Qiongxia Song, 2014. "Jump detection in time series nonparametric regression models: a polynomial spline approach," Annals of the Institute of Statistical Mathematics, Springer;The Institute of Statistical Mathematics, vol. 66(2), pages 325-344, April.
    2. Liu, Chao & Zheng, Ying & Zhao, Qi & Wang, Chao, 2020. "Financial stability and real estate price fluctuation in China," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 540(C).
    3. Choy, Siu-Kai & Yu, Carisa K.W. & Lee, Tanki C.L. & Lam, Benson S.Y. & Wong, Catherine Y.W., 2021. "A two-stage variational jump point detection algorithm for real estate analysis," Land Use Policy, Elsevier, vol. 111(C).
    4. Muhammad Umar Bello & Aliyu Ahmad Aliyu & David Martin @ Daud Juanil & Rozilah Kasim, 2017. "Real Estate Investment as a Panacea for Economic Instability in Nigeria: Evidence from Northeastern States of Nigeria," Traektoriâ Nauki = Path of Science, Altezoro, s.r.o. & Dialog, vol. 3(8(25)), pages 1001-1006, August.
    5. Hui, Eddie Chi-Man & Wang, Ziyou, 2015. "Can we predict the property cycle? A study of securitized property market," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 426(C), pages 72-87.

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