A Study On Influencing Factors Of Real Estate Prices

Housing issue is related to the vital interests of the people, it is very important for the relationship between the construction of a harmonious society and the housing. As the socialist market economic system and the gradual establishment of the real estate market has become increasingly active, China's real estate has become an important pillar industry of national economy, the market system tend to improve greatly, Housing consumption has being the new impetus of expanding domestic demand and consumption of hot spots. Meanwhile, the real estate development affect the normal operation of the entire national economy. But in recent years, China's real estate prices rose rapidly, housing prices continued to soar in some areas, the rate of increase far beyond the level of overall economic growth and other industry products and services to rise. Party and the country attached great importance to the matter, since 2002 housing prices has been increased too high, for the overheated real estate market, the State introduced a series of macro-control policies, want to effectively curb price rise. However, from practical point of view, the effect of macro-control is not very obvious, Rapidly house price growth not only trends greatly affect the quality of life for urban residents, but also is a key factor for the steady development of the entire national economy. Housing issue has become a widespread concern between the important economic and social problems.There are many factors of real estate prices, In this thesis, introduce a more comprehensive review of the development process of the real estate market, real estate supply, demand and price characteristics of factors affecting the detail, Second, using multiple regression analysis model to examine the impact of significant price fluctuations of real estate factors, Analysis of these factors can explain the extent to which changes in real estate prices, And the nominal price of our housing and real estate prices as forecasts estimate that in order to be able to trend in real estate for more accurate prediction accuracy, Finally, China's real estate development and initial reforms are proposed later development prospects.