The Influence Factors Analysis And Forecast Of China’s Property Prices

With the rapid development of China’s economic, the property prices has become ahotter and hotter topic. As the most sensitive indicators, the changes of real estate priceswill affect the prices of other commodities.According to the status of development of the domestic real estate, four factors thatinfluenced the property prices are considered: economic factors, financial policy, taxpolicy and other factors. We make cluster analysis of the influencing factors anddetermine four factors through the methods of KW test and spearman rank correlationcoefficient test, and base on the data between1999and2012. Then each selected factorscan fully reflect the impact on property prices and have no duplicate information.We find out the comprehensive price index which impact the property price andbased on data2012for each region, comprehensive evaluation of property prices in allregions are come up with with the method of factor analysis. The results show that theranking of the various regions are similar with the traditional ranking.Finally according to the ranking information, select three city: relatively moredevelopment city Qingdao, tourism city Sanya and Wuhan,based on the monthly databetween January,2010and February,2014and make differentially different orders usingtime series methods. The data meet the premise of the series analysis and then realize theforecast of the real estate prices and rental prices of Qingdao and Sanya.Also we classifythe community of Wuhan based on real estate price...