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The impact of brexit on the United Kingdom Real Estate market
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I evaluate the relation between the foreign direct investment net inflows and outflows, the final consumption expenditure,the exports of goods and services, the real GDP, the consumer price index, the unemployment rate forecast, the household variable mortgage rate in the United Kingdom (UK) and Housing Prices in the UK. I find that the final consumption expenditure and the household variable mortgage rate are significant at 1% with positive impact on Housing Prices while the consumer price index is also significant at 5% with positive impact. However, all the remaining variables are not significant with a threshold of 10%.
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Brexit Macroeconomic impact Econometrics relationship Investment opportunity