Relationship Between Housing Price And Land Price In Nanning From The Perspective Of Supply And Demand

Housing prices and land prices as a measure of the real estate market conditions are the most important two indicators, both tend to rise in the trend of simultaneous upward trend has become a concern of the people’s livelihood. Over the years the government has issued a series of macro-control policies, but the effect is not significant, Wang frequency out, prices rise, the threat to the stability and development of the social economy. Thus, prices and land prices are put into the same table to explore, in order to find a way to promote the healthy development of the real estate market through the relationship between house prices and land prices. In recent years, research on the relationship between house prices and land prices has been the support of many scholars, but no theory. Today, to explore the relationship between housing price and land price still needed. Nanning China-ASEAN Expo permanently settled in, the upgrading of the Beibu Gulf strategy and the West River economic belt, and its unique cultural characteristics to Nanning in the rapid development at the same time, is also facing rising housing price and land price of high-profile. However, there is little research on the relationship between housing price and land price in Nanning. This paper chooses Nanning as the research object, in order to put forward effective policy recommendations for the healthy development of Nanning’s real estate market.In this paper, the relationship between price and land price, connotation, theoretical basis, interaction mechanism and transmission mechanism on the basis of the current situation of the development of the real estate market in Nanning and the relationship between price and land prices are analyzed. First of all, the analysis of the regional situation, land market and housing market supply and demand relations and prices and land price changes; Secondly, the use of Nanning 2006-2014 years of housing prices and land price analysis of the correlation between the price of land prices and the correlation between price and land price; Then, Nanning 2008-2015 annual price and land price quarterly data Granger causality test.The research conclusions are as follows:(1) Relative to the relationship between supply and demand, Nanning’s land prices are more vulnerable to their own flexibility and economic development. (2) The Nanning housing market oversupply phenomenon has become increasingly apparent, but is still optimistic expectations. (3) land price as an important part of the price, there is a certain correlation between the price and land price. (4) With premium prices in the short term there is no causal relationship; in short-term price is Granger cause of housing price; mid premium prices and the causal relation is weakened; in long term premium is Granger cause of housing price; long term premium rates and reinforce each other.Finally, based on the above conclusions, this paper puts forward some corresponding suggestions for the land market and the housing market from the perspective of supply and demand, to provide reference for the healthy development of the real estate market in Nanning.