The Major Influencing Factors Of China Commercial House Price

During the past several years, Chinese real estate industry has been developed rapidly year by year, however, a series of problems have been occurred simultaneously. This report will concentrate on the commercial house price, which is one of most important problem we are facing right now. After the rough introduction of status of house price, I will give an analysis of the ratio between house price and income. In the next step, I will present the major influencing factors of house price including the cost factor, supply and demand factor, and eventually with the help of the logistic regression model of these variables I could figure out the significant factors and bring out some suggestions based on these factors for the real estate industry further development.