The Analysis Of Factors In Price-Change Of Zhengzhou’s Real Estate

Since1998, China abolished the welfare housing distribution system, the past twenty years, the real estate industry has become one of the pillar industries of the national economy, the sale of commercial housing has become a new source and new hot consumption growth. But in recent years, the real estate price growth too quickly, especially in the city of Zhengzhou real estate price growth far exceeded the per capita disposable income growth. This situation has become increasingly prominent, which restricts the development of Zhengzhou economy to a stable and healthy, also affected the Zhengzhou City, the quality of life of residents, especially low-income people’s quality of life, so the real estate price issue is not only an economic problem, but also an important social problem.A method combined with theoretical analysis and Empirical Study of this paper, on the influencing factors of real estate price in Zhengzhou city near the line analysis. First of all, starting from the cost, economic, social, policy and many other factors, the impact on Zhengzhou City real estate prices of these factors are analyzed in theory. Then, analysis of the impact of the five economic factors on the price of real estate in Zhengzhou City, including the use of multiple linear regression method, the analysis results show that the influence of the five factors of Zhengzhou real estate price, effect of GDP and the rate on loan to the real estate price in Zhengzhou city is significant. Third, using the method of factor analysis and multiple linear regression, comparative economic and policy factors impact on real estate price in Zhengzhou City, that economic factors could affect the real estate price in Zhengzhou city than the policy factors, in comparison, influence of policy on house prices in Zhengzhou are mainly embodied in some period of time. But in the long run, economic factors of permanence and continuity will be stronger. Finally, according to the results of empirical analysis to predict the real estate market of Zhengzhou city will continue to rise, but growth will slow down, but will be more standardized. Aiming at the stability of the real estate market in Zhengzhou and puts forward some suggestions, respectively is:increase the supply of land, especially in the economic and practical housing land supply; eliminate rent-seeking behavior of the local government and banks; don’t unilaterally depend on interest rate policy, use tax regulation and other means; to further implement the economic application of the housing policy; to further improve low-cost housing policy. Security a shelter; regulating the real estate market, and guide consumers rational expectation; consumer attitudes change, the development of housing rental market.