Factors Influencing China's Commercial Housing Prices

Playing a significant role in the national economy, the industry of the real estate, mainly embodied by the rising-up price on the price of the commodity house in recent years, has been influencing not only the quality of life, but also the stability of a country's economy, whereas which, its price has already been considered as a severe problem under the limelight.By the means of analyzing and researching some facts, this paper focuses on the elements that may influence the price of the commodity house, divided into three parts in general. In the first part, the formulation of the price of the commodity house is delivered theoretically, from which the elements are expressed in detail. In the second part, these elements are analyzed according to some data of influencing facts on the price of the commodity house during the period from the year 1997 to 2009, and then the thesis statement comes. However, since the differences on the price are various from vast areas, the evidence of the situation in Shanghai's and Beijing's commodity house market together with an average level around the whole country is chosen, based on which, these elements are being improved and finally some of the elements are selected to be defined. In the last part, some advice is proposed on controlling the price of the commodity house from the conclusion.