Relationship between Economic Indicators and Volume of Mortgage Loans in Turkey
China-USA Business Review, Vol. 9, No. 10, pp. 30-36, October 2010
7 Pages Posted: 6 Feb 2012
Date Written: July 1, 2010
The primary purpose of this research is to identify the relationship between economic indicators and volume of mortgage loans in Turkish housing market. The economic indicators, which are used in the study, are mortgage loan rates, 12-month interest rate of Treasury bill, consumer price index, consumer confidence index, gross domestic product and monetary aggregate (M2) for the period January 2002 through December 2009.
Keywords: Mortgage Loans, Economic Indicators, Granger Causality Tests, Turkish Housing Finance Market
JEL Classification: R10, R20, R30
Suggested Citation: Suggested Citation