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Research On The Fluctuation And Trend Of Housing Price In Qingdao

Posted on:2011-04-07Degree:MasterType:Thesis
Country:ChinaCandidate:F F GengFull Text:PDF
GTID:2189360332957742Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
With the acceleration of the process of urbanization and population increase, urbanhousing investment increased rapidly. Commercial residential real estate as an important partofimprovingthequalityoflifeandthepeoplecloselyrelatedtotheresidentialpricevolatilityofveryfar-reachinginfluence and evenhavethepotential toharm the economicdevelopmentof the city. Therefore, a reasonable housing prices conducive to the healthy development ofthe urban economyand societyof prosperity and stability. Currently, the commercial housingprice volatility in Qingdao and the development trend of relatively small, as the morewell-known domestic and foreign coastal tourist city Qingdao, the development ofcommercial residential market has a representative, the price volatility and future trends inother studies of urban housing market has certain reference. Therefore, this paper tried tomake the attempt to seize the goods for the buyers price fluctuations in the housing marketrules, as well as the commercial housing market remains stable and healthy development andmakeausefulcontribution.From the basic theory of commercial housing and the Qingdao municipal developmentof commoditystatus quotation of the housingmarket, housingprices of goods in Qingdao thestudy. Qingdao City Commercial Housing market data as a sample of empirical data of thestudy, using descriptive statistical analysis of Qingdao City, the volatility of commodityhousing prices, as well as the characteristics of price changes, and thus lead to commercialhousingpricevolatilityfactors wereanalyzed.And,inthis basedondomesticprices toreflectfluctuations in commodity Qingdao indicator system Construction of econometric methodsusing housing price volatility factor of the multiple linear regression model to avoidmulticollinearity stepwise regression and error correction model, empirical testing of variousfactors on the formation of commercial housing price level, and predict the next few years, Qingdao City of commodity movements in housing prices. Concluded that: Qingdaocommercial housing price fluctuations mainly due to capital to promote and demand pull.Among them, the financial institution loans, loan interest rates and disposable income ofurban residents was to evaluate the price of commercial housing, Qingdao, the main factors.On this basis, predict future prices will continue to maintain upward trend, and price rises indifferent regions are different. Based on the above findings, this paper puts forward policyproposals, in order to avoid the adverse impact of price fluctuations, Realizing thecommercialhousingmarketremainsstableandhealthydevelopment.
Keywords/Search Tags:Qingdao, Commercial Residential Buildings, Price Volatility, Multiple LinearRegression
PDF Full Text Request
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