The Relationship Between The Real Estate Market And The Macro Economy An Empirical Study On China

In order to explore the relationship between the real estate market and the macro economy in China, this paper carried out a quantitative and empirical study. It was found that the consumer price index and GDP have a two-way relationship with the housing price index over a long period. The housing price index can improve the growth of the total import and export value of the economy over a long period, however, import and export values do not have the same effect on the price of housing. In the short term adjustments to interest rates can have an effect on the real estate market.