Capitalytics

**Regression for Home Price Index**

	Dependent variable (+/- SE):

	Home Price Index

Constant	-312.022 (+/- 187.482)
	p = 0.107
US Fed Reserve O-N Loan Rate	-19.295 (+/- 5.921)
	p = 0.003^***
Real GDP growth	-13.389 (+/- 0.982)
	p = 0.000^***
Nominal GDP growth	11.652 (+/- 0.933)
	p = 0.000^***
Unemployment Rate	-12.708 (+/- 3.905)
	p = 0.003^***
20-year Treasury Yield	797.534 (+/- 261.264)
	p = 0.005^***
LN_20-year Treasury Yield	-925.387 (+/- 292.343)
	p = 0.004^***
7-year Treasury Yield	-50.332 (+/- 15.900)
	p = 0.004^***
1-year Treasury Yield_2	13.023 (+/- 1.768)
	p = 0.00000^***
20-year Treasury Yield_2	-80.618 (+/- 26.108)
	p = 0.005^***

Observations	40
R²	0.963
Adjusted R²	0.951
Residual Std. Error	10.138 (df = 30)
F Statistic	85.726^*** (df = 9; 30)

Note:	^p<0.1; ^p<0.05; ^**p<0.01