Keywords: Cointegration
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Journal Articles
Property Management (2003) 21 (1): 8–24.
Published: 01 March 2003
... single‐family homes and the 30‐year mortgage rate have unit roots, while the New York Stock Exchange (NYSE) value‐weighted portfolio returns appear random. Moreover, it is found that not only are three real estate variables cointegrated with one another but that they are also cointegrated with the stock...

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