The relationship between money supply and the property prices (housing) / Tg. Azieta Azliena Tg. Ahmad Zazillah

The purpose of the study is to determine the relationship between money supply and property prices. The study is to ascertain whether changes in the money supply have any effect on the property prices and to analyze which monetary aggregates that has the most significant impact on the property prices. Besides that, to identify whether there are any other variables that has an impact on property prices such as Kuala Lumpur Composite Index (KLCI) and National Income per Capital. The analysis of this project paper uses monthly data on Money Supply (M l, M2, M3), property prices, indicated by Property Index, Wealth, indicated by (KLCI) and Income, indicated by National Income per Capital from the year 1991 to 1995.