Akademik Veri Yönetim Sistemi
IV. International Conference on Real Estate Development and Management, Ankara, Türkiye, 3 - 05 Şubat 2025, ss.200, (Özet Bildiri)
One of the main economic sectors in Türkiye is the building industry and its subsectors. Similar to every other industry, the sector is greatly impacted by shifts in macroeconomic indices. The aim of this study is to examine and assess construction-related activities in light of certain macroeconomic factors. Monthly information from 2015:01 to 2022:10 was examined in the study. Based on the findings of the study, a cointegrated link between the exchange rate, producer price index, and construction costs was identified. Producer prices were identified as the source of construction costs, and the exchange rate was identified as the cause of producer prices based on the findings of the causality study. Although using assumptions is acceptable in some situations, it is important to remember that different dynamics reflect housing markets and construction operations.