An Analysis Of The Influencing Factors And Fluctuation Of The Price Of Real Estate Industry In China

Since the beginning of the 21st century,the real estate industry in the national economy belongs to the first and basic industry,it has become the economic arena of our country one of the protagonists,highly concerned about the social from all walks of life and an important part of our national economy.However because of its development by many factors caused the price of which has been unstable,and now its price is high.In order to control of the real estate prices more reasonable,this paper selects the several variables as indicators of the impact on the real estate price,by factor analysis method and summed up the public factor in affecting the real estate prices,respectively for the real estate demand,market economy condition,land supply,combined with combined with the corresponding factor gives the corresponding recommendations.Due to the integrated real estate development boom index to reflect the current situation and trend of the real estate industry,the State Housing boom index to replace real estate development climate index,in order to better grasp the current situation and trend of the real estate industry,we analyze are more important in the economic activities in the real estate real estate development investment of State Housing boom index fluctuations.The exponential smoothing method,X-11 method to deal with missing data,eliminating the influence of seasonal factors,ADF test to examine the sequence of stationarity,EG test to test cointegration relationship between sequences,and an error correction model is established.The results showed that the amount of investment in real estate development on the state of the housing boom index exists long-term interactive relationship between;in the short-term error correction model,due to the development and investment in the amount of larger and more to its current fluctuations will on the state of the housing boom index fluctuations greatly impact.