Study On Influence Factors Of Real Estate Price In Lanzhou

With developing of economy and deepening of Housing reform, value Created by the real estate industry are growing. Real estate occupy Important position in economy and society development gradually. because of the continuing rise of real estate, real estate price study become more and more urgent. Study of real estate is the basic of real estate bubble and real estate finance risk analyzing. The study of real estate price is composed of price forming , influence factors, and reveal the changing principle. It is important to macro-control, market-mature, finance risk-defend, and the people's livelihood. The article take Lanzhou real estate market for an example. By studying influence factors of real estate price, the factors can be decided, influence extent sequence .Finally, to find the problem in Lanzhou Housing market and make some proposal to solve them.By Lanzhou real estate market developing , it is much problem in it. From 2000 to 2007, the market grew rapidly. Supply in on the rise. Completion of housing area have reached to 901581.4 Sq.m,3 times as many as 2000. Completion of housing value have reached to 5.09261 Billion Yuan, 5 times as many as 2000. On the other hand, demand increased steadily. Floor Space of Buildings Sold have reached to 2061.7 thousands Sq.m. The annual average growth rate is 26%. Sale have reached to 0.527032 billion Yuan. The annual average growth rate is 39%. The real estate price is on the sharply rise. Average price is 1460.33 Yuan/sq in2000,2556.30yuan/sq in 2006,In the First Half of the Year, have reached to3058yuan/sq.In this market, there's much problem. Higher price is more critical.The article takes qualitative analysis measure to analyze influence factors of housing price. influence factors of housing price involve the number of real estate enterprise,GDP, real estate investment, real estate investment rate, completion of housing area, completion of housing value, floor space of buildings sold, Sale, average living floor area per capital, resident income, Loans to Enterprises and individual housing loans, Geographical position. Finally, the article draw the qualitative analysis conclusion.The article take quantitative analysis Research Methods to analyze influence factors of housing price. using Gray relation degree to make Relevance ranking. The ranking result like this: real disposable per capita income(0.7892),GDP(0.7880),floor space of buildings sold(0.7145),Loans to Enterprises and individual housing loans(0.7079),total number of population(0.6987),average living floor area per capital(0.6282),completion of housing area(0.5404).On above all, The article make some Suggestions on these problem: Adjusting housing structure, lowering housing vacancy rate, rising effective supply, Adjusting government-subsidized houses; Making further development on financial system, improving Financial security, controlling excessive speculation.; By Improving rapid transit system to enlarge city Living Area; By development of economy to improve disposable capita income. Taking much measures to control the rapid rising of housing price, to defend finance risk, to give special attention to livelihood issues.