Table 7
|
Mean |
Standard |
Jarque-Bera test |
Ljung-box test for | |
|
Sector |
(annualised %) |
deviation |
for normality |
auto-correlation |
|
(annualised %) |
(p-value) |
(p-value, 4 lags) | ||
|
Apartments |
4.6 |
13.2 |
.01 |
.13 |
|
Industrial |
2.8 |
15.0 |
.00 |
.03 |
|
Office |
3.7 |
11.2 |
.57 |
.00 |
|
Retail |
2.5 |
12.9 |
.06 |
.05 |
Descriptive statistics of sector level demand index movements over 1994Q1-
2009Q4
29
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