Summary statistics
| Variable | ||
|---|---|---|
| Statistic | Housing price returns (HR) | Housing search activity index (HSI) |
| Mean | 0.0027 | 0.0000 |
| Median | 0.0041 | 0.2032 |
| Maximum | 0.0162 | 5.3304 |
| Minimum | −0.0178 | −4.2176 |
| SD | 0.0057 | 1.9094 |
| Skewness | −0.8805 | 0.2334 |
| Kurtosis | 3.7467 | 3.4026 |
| Jarque–Bera | 31.2536*** | 3.2452 |
| Observations | 205 | |
| Variable | ||
|---|---|---|
| Statistic | Housing price returns (HR) | Housing search activity index (HSI) |
| Mean | 0.0027 | 0.0000 |
| Median | 0.0041 | 0.2032 |
| Maximum | 0.0162 | 5.3304 |
| Minimum | −0.0178 | −4.2176 |
| SD | 0.0057 | 1.9094 |
| Skewness | −0.8805 | 0.2334 |
| Kurtosis | 3.7467 | 3.4026 |
| Jarque–Bera | 31.2536*** | 3.2452 |
| Observations | 205 | |
SD = stands for standard deviation; The null hypotheses of the Jarque–Bera test correspond to the null of normality; ***indicates rejection of the null hypothesis at the 1% level of significance