Browse > Article
http://dx.doi.org/10.22640/lxsiri.2018.48.2.5

A Study on the Regional Conditions and Characteristics of Apartment Ownership Resale  

Kim, Sun-Woong (Housing & Urban research Institute of Youngsan University)
Suh, Jeong-Yeal (Housing & Urban research Institute of Youngsan University)
Publication Information
Journal of Cadastre & Land InformatiX / v.48, no.2, 2018 , pp. 5-20 More about this Journal
Abstract
This paper aims to analyze characteristic by the cities focused on the ratio of new apartment resale that is one of the apartment unit sale market, which has been increased recently. So, this study examined characteristics of population, apartment trade & sale, housing with 162 cities and counties and performed multiple regression analysis with dependent variable, ratio of new apartment resale. As a result. the factors affecting the ratio of new apartment resale are 7variables, apartment sales rate, transfer of ownership, apartment turnover rate, sale volume, regional apartment rate, population increasing rate, housing average apartment sale price rate. In terms of the increase in apartment sales prices, the rate of sales price increase was relatively low in areas where the transaction rate for apartment sales is high, and the number of apartment sales right transactions increased as the number of other ownership transfers rose. As a result, the data will be based on the improvement of the government's policies and systems to stimulate the transaction focused on the real estate agents in the apartment market.
Keywords
the ratio of apartment resale; multiple regression analysis; apartment unit sale market; regional characteristics;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Kim SW, Kang HJ, Suh JY. 2016. A Study on Characteristic of each Cities.counties regions by Trade Causes of Apartment Sales - Focused on the Resale of Apartment Unit- Journal of Cadastre & Land InformatiX. Vol.46 No.2. p. 283-296.   DOI
2 kim TK, Park HS. 2008. A Time Series Analysis of Spatial Factors Affecting Housing Prices. korea Planners Association. Vol.46 No.163, p.145-166.
3 Song SJ, Shin JC. 2017. A Study on the Elapsed Time to Resale of Pre-Completion Apartment Ownership. Korea Real Estate Review. Vol.27 No.3. p.103-118.
4 Han, GH . Kim, TY . Ro, SH. 2017. A Study to Analyse the Characteristic of New Condominium Buyers with the object of Investment and Owner-Occupation -The Case of Busan and Gyeong Nam Area- Journal of Cadastre & Land InformatiX. Vol.47 No.2. p.91-105.   DOI
5 Kim. Gyeon-Gyu. 2009. A Study on the Change Rate Determinants of Housing Price by Types of Housing Markets of Korea. [master's thesis]. Han-Yang Univerisity.
6 Kim, Sang-Ho. 2015. A Study on the Variation of Residential Satisfaction by City Characteristics in Seoul Metropolitan Area. [dissertation]. Graduate school. Gachon University.
7 Kim, Sun Woong. 2017. A Study on Characteristics of trading on purchasing rights for new apartments. [dissertation]. Youngsan.
8 Lee, Yong-Gag. 2012. Empirical study of the newly supplied and existing multi-family Housing focusing on the price differentials and related factors. [dissertation]. Graduate School. Seoul National University.
9 Mankiw, N. gregory and Weil David N. 1989. The baby boom, the baby bust, and the housing market. Regional Science and Urban Economics. 19(2):235-258.   DOI