Study On The New Regulatory Policy Impact To The Real Estate Market In Xi’an

The real estate market is one of the important components of China’s socialistmarket economy. After the real estate reformed, the real estate industry has began todevelop quickly. Now the real estate economy has become a key growth factor inChina’s national economy，and healthy and stable development of the real estate canrelates to our country economic growth and social stability. In recent years, according tomarket changes, a number of regulatory policies have been put forward to promotehealthy and stable development of the real estate market. However, due to variousreasons, the regulation does not achieve the desired effect. In2011The State Councilissued a series of stringent new control policies, and the core content are the purchaselimit, the credit limit and the construction of protection housing, in the context ofrapidly rising real estate prices and overheated investment. Whether the introduction ofthe new control policy be able to make the real estate market to return to the rational,whether housing prices and the people disposable income can closer together,andwhether the real estate control policies should be strengthened, that we can not escape.On the basis of in-depth research and the current real estate market theory, thepaper analysis the real estate market structure and characteristics and the contents of thenew control policy, and summarizes the core content and characteristics. In this paper,the objects are the volume and price of the real estate market, and the paper researchrelationship and the mechanism of the volume and price control policies. The new realestate market is impacted by the limited purchase, limited credit and protection ofhousing supply policy through the relationship between supply and demand principle.At the same time, the paper analyzes the trend and the impact of the real estate market on by the econometric model. On this basis of the regression model and the dynamicresponse, the paper uses impulse response function to analyze the impact after the newcontrol policy, fits out the curve of the real estate market fluctuations, analyzes theforecast development trends, and puts forward the new regulatory policy developmentpath and policy recommendations.The research results further enrich theories of control policies on the real estatemarket, but also provide a reference for the study of other cities. Xi’an authorities areprudent and reasonable to draft the real estate-related policies and the real estateindustry coordinate with development of the national economy，which the paper areimportant guiding significance to.