Beijing Housing Price Trend

The trend of Beijing housing price is the content of the paper. After researching the trend of Beijing housing price, I wish to know what affects the price of Beijing housing and how the factors affect Beijing housing price. It means that we can give some advices to consumers, investors, governor and sellers and so make the housing market develop well. On the basis of the former researching fruit, I analyze the important factors affecting Beijing housing price, including demand factors and supply factors. Income, population and interest rate belong to the demand factors and interest rate, empty rate belong to the supply factors. Then making the demand model and the supply model of Beijing housing market. Because the economic structure changes and or so, it is different that how all kinds of impact factors of Beijing housing market affect the demand and supply. The most sign is the housing institution reformation. Before the housing institution reformation, people get house by collective distribution. The main body of purchasing house was enterprises. The marketization of Beijing housing market was low and all kinds of impacts of housing market were not obvious. After the housing institution, the housing market became monetary. People purchase the house in housing market. The main body of purchasing house is individual. The competition of housing market is enhanced. On the basis of the above research, I make transformable parameter demand model and supply model .Then I get cobweb model improved. Because the price elasticity of demand model exceeds the price elasticity of supply model, Beijing housing price is converged.