人民币二次汇改后中国股市对中国楼价的影响

人民币汇率二次改革后,人民币汇率波动必将增加。针对在人民币汇率波动的情况下,我们着手研究中国股市对中国楼市的影响。本文选取2010年6月至2015年2月中国股市和楼市的数据利用逐步回归法研究上证A股股指及中国平均房价关系进行分析,结果发现中国股市与楼价呈正相关,并且楼价对中国股市变动存在4个月滞后期。因此,政府应加快完善我国金融市场和房地产市场,深化汇率改革,各大投资者应当根据中国股市变化,选择合适时机进行房地产投资。

After the second RMB exchange rate reform, We can expect more volatility in the future RMB exchange rate. Under the influence of the fluctuation of RMB exchange rate, we research the influence of Chinese stock market on Chinese real estate market. In this essay, with the support of data of both market from 2010.6 to 2015.2,we used the method of stepwise regression to analyze the correlation between two market. The results showed that there was positive correlation between stock market and real estate market in China, moreover the reaction of price change in real estate market has four months of delay after stock market. Therefore, government should accelerate improvements in financial market and real estate market, and deepen exchange rate reform. Investors should choose an appropriate time to invest the real estate, according to stock market.