The Relationship Between Real Estate Prices And Credit-take Shijiazhuang For Example

The development of the real estate market always affects many people,with the development of market economy in China,the real estate industry as many related downstream industries are an important part of the development of the volatility is more and more long-term effects.In 2014,after the proposed joint development of Beijing,Tianjin,Shijiazhuang,as the capital of Hebei Province,whether it is the adjustment of economic growth or economic structure,have a significant impact on the entire region of Beijing,tianjin.The stable development of the real estate industry and the development of the national economy,the stability of people's lives has an important relationship.In recent years,the rapid development of the real estate market,the market is expanding and the rapid rise in house prices is an indisputable fact,but the development of our country's real estate market is short,still in the immature stage,in the process of the development of many problems highlighted.The general economic law of our country real estate industry does not completely follow the market economy,but also affected by the national macro-control,mainly including credit policy adjustment the proportion of down payment,loan interest rates,the implementation of the purchase,and put forward more requirements for real estate developers,improve loan approval requirements including,to control the size of loans etc..These measures are great significance to the adjustment of China's real estate market.Through the analysis of the current status of the real estate market in Shijiazhuang,found that the current Shijiazhuang real estate sales volatility,but the overall upward trend,the real estate developers investment steady growth and the average commercial housing price continues to rise,in the face of such a hot market,whether it is personal housing credit or loans to developers also appeared different fluctuations the.It can be seen that the contradiction between supply and demand,as well as the change of consumer consumption concept,are the reasons for the fluctuation of real estate price and credit in Shijiazhuang.In order to further study the relation between the Shijiazhuang City real estate prices and credit,this paper makes the empirical analysis on real estate development loans and individual housing loans and the average price of commercial housing data,including empirical co-integration test,error correction model and analysis method,quantitative analysis,the relationship between the two.The empirical analysis results are also obtained for the current Shijiazhuang real estate market credit policy can' t achieve the expected results mainly concentrated in the developers are "flexible" loans,private funds,illegal mortgage is not suitable for the development of the real estate market phenomenon,taking into account changes to the market there are a lot of rigid demand and residential investment credit concept,put forward the improvement Shijiazhuang real estate market,should correctly guide the real estate credit,to strict legislative mechanism,regulate private lending,and vigorously promote the work of the people's livelihood,help people to establish a correct sense of investment.