This study analyzed factors influencing the non-returned of Chunsei deposits quantitatively by using the number of lease registration orders as the dependent variable and corporate bond interest rates, Chunsei rate, Chunsei price index, and index of actual transaction prices for residential property as independent variables, using vector error correction model. The shock response analysis showed that corporate bond interest rates and Chunsei rate exhibited a positive effect on lease registration orders, while the Chunsei price index and the index of actual transaction prices showed a negative effect. The variance decomposition analysis revealed that initially, the Chunsei price index had a significant influence on the occurrence of lease registration orders, while corporate bond interest rates consistently exerted a significant influence at all time lags. The implications drawn from this study suggest that for preventing incidents such as non-returned of Chunsei deposits, the government needs to thoroughly analyze and continuously monitor changes in interest rates, Chunsei price index, and House price index, and formulate and implement policies tailored to the market conditions.