The Level Of Real Estate Industry Development And Its Influencing Factors

The real estate industry as an important part of the national economy has played a positiverole in promoting people’s living standards, improving the industrial structure, expandingemployment and promoting urbanization. However, the real estate industry is a strong regionalindustry. Its development has obviously regional feature. The level of each region’s real estateindustry also have enormous gap. In areas with a lower level of real estate development, realestate for the leading role of the local economic and social development is clearly insufficient.Therefore, Only when we fully understand the status and level of the local real estate industryand identify the key factors that affect the local real estate development lags behind can the realestate management departments and land departments, as well as the real estate business oflower areas make the scientific strategy and effective measures for the real estate.This paper identified the evaluation of the development level of the real estate industrythrough analyzing the real estate development situation of Hebei Province and combining withliterature analysis and expert investigation method. Building a real estate development levelevaluation index system and analyzing the related indicators data of the Hebei Province andother provinces across the country in recent years. Evaluating the development level of realestate in Hebei Province and positioning the ranking of entire country. On the basis, this paperthrough contrast with the Beijing real estate development level found out the gap betweenBeijing and hebei and analyzed the influencing factors of the gap in order to improve thedevelopment level of Hebei real estate.The result of evaluation showed that the Hebei real estate industry has made great stridesbut still have big gap with developed regions like Beijing. And this gap have increasing trend.Therefore, this paper analyzed the influencing factors of the gap. The result showed that the percapita GDP gap is the key factor to affect the gap of the development level of the real estate industry and population density has a significant impact for operating conditions of the realestate market.