The Empirical Study On The Relationship Between The Supply, Demand And The Real Estate Price Of China's Real Estate Market

The real estate industry has already become an important economical industry at present and the real estate price is the most sensitive factor for it, the price is reasonable or not Influences the healthy development of the real estate industry. The house price is determined by supply and demand, so to study house price have to begin with the supply and demand. Therefore, it has some theoretical and practical significance for researching on the formative process and the influencing factor of real estate price, and then proposes some microscopic suggestions aim at the question which appears in the present real estate market.This paper begins with the study of supply and demand's characteristics and the factors influencing it on the real estate market, then analyze characteristics which is different from other markets; constructs the curves of supply and demand in recent years of our real estate market by measurement analysis through the use of time-series data, studys the relationship between demand, supply and price, interest rate levels of it and then establishs the web model by the trend of fluctuations after prices depart from balance, confirms our real estate market in a state of disequilibrium in theory. This methods is new and persuasive; analyze the tendency of China's current real estate price and through the contrastive research on all kinds of data about China's real estate price index for the calendar year and wages, income we can see that the form of China's housing price is not quite rational and it is still going up at present; comments several affects on the real estate price through supply and demang and how they affect it and analyzes the reason that why China's real estate prices is soaring in recent years, then gives some suggestion about changing the price failures on China's real estate and points out that it needs common efforts between government and individuals to stabilize the real estate price. At the end of this paper, the author draws a conclusion that it is the country's most important work to stable the property price at present.