Research On Influencing Factors Of Real Estate Price And Forecast

Real estate is the basic and leading industries in national economy system, the real estate market is gradually improving. As the capital-intensive and high correlation industries, the quality of their development or not, related to the development of national economy. In addition, the real estate industries as the basis for national industry, not only a necessity for living, also as a form of wealth and assets are used to invest in and value-added. In recent years, the rising trend of real estate prices far more than the people's purchasing power. The rapid growth of real estate prices, not only affecting the normal life quality of urban residents, but an obstacle to sustained and stable development of our country's national economy. The real estate prices problem have become widespread attention problems of the economic and social.In this paper, by studies the formation of Xi'an estate prices real and influencing factors, give a certain interpretation to the fluctuations of real estate price. Many factors affect real estate prices, such as:land price factor, people demand factors, regional economic factors, interest rate movements, personal investment factors etc, there is also an important factor impact of the real estate prices is government's macro-control, so correct and comprehensive understanding the influencing factors of real estate prices is the key for production and life decisions. This article from reality, select the medium developed city of Xi'an as the background and studied various related factors of influence of Xi'an real estate prices. First of all, analysis the main factors affecting system from the theory of the real estate prices, then qualitative analysis of time series to analysis the changes of real estate prices in Xi'an in recent years, and through establish the multiple regression model analysis of the reasons for the continuing rise in prices, and apply the ARMA-ARCH model forest the future price of real estate trends were predicted and found that the rising momentum of the real estate prices. This article focuses on the empirical analysis of the hot issues, to achieve rational outcome of the proposed.