The Study On The Regional Difference And Influencing Factor Of Urban Housing Price

The real estate industry,as a pillar industry in China,plays a decisive role in the rapid development of macro-economy.With the development of the real estate industry,the regional real estate market is becoming more and more obvious,mainly reflected in the level of housing prices,especially housing prices.The serious differentiation of the real estate market,cold and hot uneven will lead to resource mismatches and other issues,increasing the difficulty of macroeconomic regulation and control in china.To expand the regional real estate market differentiation is not conducive to China's economic,cultural and social development,so the government needs the policies applied by the city real estate regulation policy,according to local conditions to develop differentiated,protect the healthy development of the real estate industry.This paper first analyzes the regional differences of the housing market in China,and qualitatively analyzes the regional differences existing in the real estate market in the eastern,central and Western regions.From the four aspects of investment,market supply and demand,city development level,sources of funding to develop a comprehensive index system of real estate market,using the factor analysis method the annual data of 2013-2015 years of 35 large and medium-sized city of our country in the rankings,and is divided into three categories.By comparing and analyzing the differences of housing market in different regions,it is found that there exist regional differences in the development of residential market in china.This paper constructs the influence factor model of residential market price regional differences,to identify the influencing factors of housing price,housing price difference by empirical research found that the influence of all kinds of regional factors embodied in:on the one hand,some factors of positive feedback on the residential prices in certain areas,negative feedback on additional categories of area housing prices;on the other hand,the same factors have influence on the different regions of the housing price,but the impact is different.Specifically,as follows:first,the credit scale,its independent effect of 1 times the intensity of the impact of a regional residential prices,its impact is lower than the three types of areas,and is the two category of housing prices decline factors.Under the condition of GDP growth,the expansion of credit scale is a factor in housing prices in different regions.Second,GDP in different regions promote housing prices,the impact of a region is stronger than the two types of areas,and the two areas are stronger than the three types of areas.Third,the role of the population in residential prices in a region is stronger than that of the three categories,but the population is the factor of the decline in housing prices in the two areas.Fourth,the influence of per capita income on housing prices in a region is greater than that in the three categories.Fifth,in terms of cost factors,it is a reverse action with a kind of region,and is positively related to the two and three categories.Finally,according to the influence factors of different housing market prices,we provide policy recommendations based on the objective of balanced development of residential housing market.