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Housing Price Index Regression

Variable Definition Assumption Link
housing_price_index Measures the price changes of residential housing. Dependent variable. https://fred.stlouisfed.org/series/USSTHPI
date Our date column.
season The seasons of the year: fall, winter, spring, summer.
gross_domestic_product A monetary measure of the market value of all final goods and services produced in a period. When this increases, housing_price_index increases. https://fred.stlouisfed.org/series/GDP
total_expenditures Total US government spending. When this increases, housing_price_index increases. https://fred.stlouisfed.org/series/W068RCQ027SBEA
producer_price_index A price index that measures the average change in prices received by domestic producers for their output. When this increases, housing_price_index increases. https://fred.stlouisfed.org/series/PPIACO
total_unemployed Total number of unemployed people. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/U6RATE
more_than_15_weeks Number of people unemployed for more than 15 weeks. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/UEMP15OV
not_in_labor_searched_for_work Number of people not in labor force but searched for work and are available for hire. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/LNU05026642
multi_jobs Number of people with multiple jobs. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/LNS12026620
leavers Number of people who voluntarily quit one job and are actively seeking employment elsewhere. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/LNS13023705
losers Number of people who've been involuntarily terminated from a job. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/U2RATE
federal_funds_rate The interest rate at which banks lend reserve balances to other banks overnight. This is a measure for short-term interest rates. When this increases, housing_price_index decreases. https://fred.stlouisfed.org/series/FEDFUNDS
sp500 (S&P 500) An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. When this increases, housing_price_index increases. http://www.irrationalexuberance.com/main.html?src=%2F
consumer_price_index Measures changes in the price level of a market basket of consumer goods and services purchased by households. When this increases, housing_price_index increases. http://www.irrationalexuberance.com/main.html?src=%2F
long_interest_rate Long-term interest rates refer to the yield on 10 year bonds. When this increases, housing_price_index decreases. http://www.irrationalexuberance.com/main.html?src=%2F