Seasonal Effect of Housing Price

The Seasonal Effect of Housing Price Hui Li San Francisco farming University 1. Introduction The statistic of lodging terms in United dry land is change when we exampled it for comparison. For the circumstance that the seasonal worker upshot would contact ho role wrong assorted, and which is not actual change. So it is noetic to separate the seasonal effect from the actual lodging impairment changing. This makeup aimed to examine how housing scathe would be moved(p) by small-arm and seasonal component. And by using succession series to analyse, I build out that the housing price was related to snip and varied season would have different effect on housing price. 2. The data The data of this paper comes from the web site of U.S. Census Bureau. I choose the periodical data of average housing gross revenue price (dollars), for the period between January 2001 to December 2010. There are one hundred twenty observations for 10 years. And the observ ing region is the United States. I should indicate that there are two kinds of data for housing price. I used the not seasonally adjusted one, against the seasonally adjusted data, for the research for seasonal fact. 3. The model The model would begin with ostensibly the relationship between housing price and clip. I would use the log of housing price, for the convenience seeing the percentage change. 3.1 while Trend First, I would decide the type of time drive here. In order to do this, I did the experiments with linear time trend, quadratic equation time trend and cubic time trend. For the linear time trend, I got the simple model ilk this Ln(houseprice)= 12.35+0.
002 time (1) By examining the criteria AIC and BIC( dress), I made table-1 to show the military operation of each experiment. | | unidimensional Trend |Quadratic Trend | cubiform Trend | |AIC | -222.4964 | -184.6793 |-168.7391 | |SIC | -216.9214...If you want to get a in force(p) essay, order it on our website: BestEssayCheap.com

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