The Behavioral Mechanism and Forecasting of Beijing Housing Prices from a Multiscale Perspective

Table 1

Statistical description of the housing price series.

Statistic	Value
Sample size	167
Mean	22,537.220
Std. dev.	11,571.440
Min.	8,332.510
Max.	52,405.000
Median	20983.000
Skewness	0.753
Kurtosis	2.682
Jarque–Bera test	16.489

Note. The null hypothesis is rejected at the 0.01 level (two-tailed).