Cycles and Common Cycles in Property and Related Sectors
Author
Start Page / End Page
Volume
Issue Number
Year
Publication
Peijie Wang
22 / 42
6
1
2003
International Real Estate Review
Abstract
This paper examines cycles and common cycles in the property market and the economy. While focusing on common cycles, the study also incorporates common trends in the meantime, so it covers the whole spectrum of dynamic analysis. It has been found that property shares common cycles, particularly with those sectors that are the user markets of property. The mechanisms of common cycles and the relative magnitudes of cycles of the sectors related to
property are discussed to shed light on property market behavior.