| The real estate price was not only related to the vital interests of the masses, but also an important industry in China. With the stable and rapid development of Chinese real estate, its proportion in national economy was gradually enhanced and the real estate had became an important pillar industry in Chinese national economy.Through collecting and sorting data, a hedonic price model was built. Besides, the data in sample were repeatedly calculated in forward regression, backward regression, and stepwise regression respectively through SPSS20.0software. Moreover, hypothesis testing concerning all aspects was implemented and quantitative analysis was employed in the influence of corresponding urban rail transit on the value of some surrounding houses. Through the comparison and demonstration of mass data, the final conclusions are reached as follows:first, housing prices was affected by many factors. According to the hedonic price model namely the global model to estimate the results, the distance from the CBD, the orientation and the property management fee of the three variables housing prices of the main city of Changsha has a significant impact. Second, through the analysis of Changsha Metro Line2, REF distance from the metro station was reduced by50m, real estate prices would rise1.58percent; empathy could calculate the distance was reduced by100m, real estate prices would rise4.73percent; distance was reduced by500m, Real estate prices would rise9.82percent.47properties for an average of the opening price8019yuan per square meter, the average price multiplied by this price rises could get an average per square meter house price rises. |
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