Study On Correlation Between Real Estate Market And Economy Of Shanghai

When Shanghai real estate market developed at a high-speed these years, some problems occurred such as the excessive increasing of real estate investment, over speed of real estate price rising and imbalance of structure. Whether the market is healthy is very important to Shanghai economy because the business of real estate has been one of the support industries in Shanghai.Based on the statistical series of real estate market and economy in Shanghai and in statistics principle, the paper made a study on the correlation between Shanghai real estate market and Shanghai economy. The conclusion that there is a highly positive correlation between Shanghai real estate market and Shanghai economy was drew. Then the paper analyzed the specific way how the economy acted on the real estate market and evaluated the real estate market of Shanghai objectively. There is no bubble but risks factors exist in Shanghai real estate market. In the end the paper made a forecast on the development space, the need, the supply and the price of real estate in Shanghai in the future.