| dc.description.abstract | The primary objective of the study is to examine the impact of macroeconomic
factors on 38 real estate stocks listed on HOSE during the period from 2017 to 2022,
characterized by significant volatility. The research focuses on analyzing the influence of the
consumer price index, 10-year government bond yields, GDP growth, foreign direct
investment, and the VND-USD exchange rate. The FGLS model was selected to overcome the
autocorrelation and Heteroskedasticity in the regression model.
The findings reveal that three factors, namely GDP, Exchange Rate, and 10-year
bond yields, have a significant impact on real estate stock prices during this period, while no
significant effects were found for FDI and CPI. Moreover, the study reports a relatively low Rsquare value of 13.49%, indicating limited explanatory power of the model during the
examined time frame. These research findings provide valuable insights for investors in
understanding the fluctuations of real estate stocks in different periods of the Vietnamese stock
market. | en_US |
