Regression for Home Price Index
|
| Dependent variable (+/- SE): |
| |
| Home Price Index |
|
Constant | -48.242 (+/- 42.341) |
| p = 0.265 |
US Fed Reserve O-N Loan Rate | 25.300 (+/- 2.985) |
| p = 0.000*** |
Real GDP growth | -0.988 (+/- 0.122) |
| p = 0.000*** |
Real disposable income growth | -4.131 (+/- 0.289) |
| p = 0.000*** |
Nominal disposable income growth | 3.827 (+/- 0.255) |
| p = 0.000*** |
Unemployment Rate | -11.884 (+/- 0.500) |
| p = 0.000*** |
CPI Inflation Rate | -2.910 (+/- 0.446) |
| p = 0.00000*** |
30-year Treasury Yield | 561.267 (+/- 57.239) |
| p = 0.000*** |
LN_30-year Treasury Yield | -958.304 (+/- 74.570) |
| p = 0.000*** |
LN_1-year Treasury Yield | -6.261 (+/- 1.444) |
| p = 0.0002*** |
1-year Treasury Yield_2 | -3.739 (+/- 0.850) |
| p = 0.0002*** |
30-year Treasury Yield_2 | -39.953 (+/- 5.171) |
| p = 0.00000*** |
|
Observations | 40 |
R2 | 0.994 |
Adjusted R2 | 0.992 |
Residual Std. Error | 2.668 (df = 28) |
F Statistic | 426.769*** (df = 11; 28) |
|
Note: | *p<0.1; **p<0.05; ***p<0.01 |