Housing Price Influencing Factors

Real estate industry is an important pillar and foundation of the national economy and basic industry, and also the important force of raising the city’s economic growth, social development and space optimization. Given the importance and specificity of the real estate industry, real estate prices and its influencing factors often become the focus of attention, especially in recent years, in the condition of China’s real estate prices rapidly rose and the macro constantly raises, the controversies about the influencing factors of price changes on the real estate can be described as continuous, different opinions.Factors affecting housing prices can be considered as both an old problem, but also a new problem. The so-called "old problem" refers to the number of existing domestic and international research, methods and conclusions is so vary; So-called "new issues", is due to real estate development with typical, regional and periodic characteristics. Existing research have not formed a basic conclusion which meets all regions and all phases of general conclusions. For specific regions and specific stages, such researches of influencing factors of the real estate industry are still very necessary, which requires continuous tracking, deepening, and new try of the methods and conclusions.This report is summarized on the basis of relevant researches, analyzes and integrates the characteristics of the house prices changes in Guangzhou in the form of instance. According to the relationship among housing supply, housing prices, population, economy, land supply, housing policy and other implications. It can be expected for providing some reference of future housing price control policies, optimization and evaluation.