Dalian Real Estate Price Index Compilation Method Of Study

As the important indication of the real estates market, the price index has been paid more attention with the price of real estates fast increasing recently. There are still some defects involved in its theory and calculation method because of belated step into research; it is hard to make good use of it in actual application. Therefore it is very necessary to make further and deeply research and probe in the aspect of theory method, data collection etc with reference of abroad mature experience.Taking Dalian market for instance, the paper introduces the Hedonic theory based on the problem involved in current index. Together with market's characteristic and statistical qualification of Dalian, the paper presents an improved method and introduces the procedure of its implementation.There are four parts in the paper, which is organized as following:Chapter one is an introduction, which presents the concept and the feature of real estates price and the main influencing factors of price's changes.Chapter two is the section to explore theories about real estates price indices. In this section, the author summaries and comments on the price indices method applied by statistical agencies all over the world. And then introduces the main data resource for estimating real estates price indices abroad.Chapter three firstly gives a brief description of some main characteristics of the housing market development in Dalian, in order to find out the supply and demand of real estates market. Secondly, it summarized the defects of existing methods about estimating real estates indices, and points out the difficulty to estimate real estates indices.Chapter four is the key part of the paper. On the base of comparing the advantages and disadvantages of all methods, the author points out an advanced method for estimating real estates indices according to the fact of Dalian.