Here are the regression analysis and residual plot when we use the log of percentage change in the model. Is this a better model for percentage change? Explain. (Data in Residential Property)

Regression Statistics Multiple R 0.9737 R Square 0.9481 Adjusted R Square 0.9458 Standard Error 0.2144 Observations 24 Variable Coefficient SE(Coeff) t-ratio P-value Intercept 183.3078 9.0480 20.2595 0.0000 Month -0.0042 0.0002 -20.0505 0.0000

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Residuals 0.6- 0.4- Month Residual Plot 0.2 0 Apr-18 Oct-18 May-19 Dec-19 Jun-20 -0.2- -0.4- -0.6 Month