The arrival of the epidemic is hitting different industries, leading to an economic downturn. As one of the pillars of the national economy, the real estate industry holds indispensable significance for the stability of the national economy. There are many sectors within the real estate industry, but the secondary housing market constitutes an important part of the real estate industry and best represents it. This study aims to explore the fluctuations of the second-hand housing market in Beijing and Changsha, investigate the impact of the pandemic on the second-hand housing market from 2018 to 2022, while also considering the effects of M2, and include a dummy variable in the regression analysis. Using an interrupted time series regression model can effectively isolate mutation conditions, observe the instantaneous impact of an epidemic, and also monitor long-term fluctuations. It can also serve as research findings and provide purchase advice for homebuyers. At the same time, provide recommendations for government policy implementation, and consider using different policies for different cities' capital situations to quickly and effectively address current issues. Internationally, China provides a good example for other countries in responding to sudden public health events.
Research Article
Open Access