Research Of Influencing Factors Of Commercial Apartment Price

Shanghai is one of the regions with the most dynamic economy,the highest degree of openness,the stronges innovation ability and the largest number of immigrants in China.In recent years,with the continuous development of economy,the prices of commercial and residential apartments in Shanghai continue to rise.But in the context of national macro-control,can it continue to rise in price? What are the influencing factors of price changes behind them? It is worth studying.The object of this study is to study the factors affecting the price of commercial and residential apartments in Shanghai.In terms of research content and process,this paper first reviews the theoretical basis of commercial and residential apartment prices and literature at home and abroad;secondly,using the method of econometric statistics to analyze the development status of commercial and residential apartment real estate in Shanghai,including the development situation,development basis and the single factor of commercial and residential apartments.Analysis.The study found that Shanghai is an important juncture of " one belt and one road" and the Yangtze River economic belt.It has an important strategic position.Shanghai has prominent regional advantages,excellent natural endowments and strong economic foundation,and has an excellent foundation for development.Among them,the per capita disposable income of urban residents,consumer price index,economic boom index,real estate development investment and loan interest rate have a certain impact on the prices of commercial and residential apartments in Shanghai.Finally,through empirical analysis,using Eviews 5.1 to establish the variable intercept fixed effect model to study the influencing factors of Shanghai commercial and residential apartment prices: including unit root test to verify the stability of explanatoryvariables and explanatory variables,F test,Hausman test,and then use multiple statistical regression method to establish commercial and residential apartment prices.And a regression model between the factors affecting the prices of commercial and residential apartments.The results show that the per capita disposable income,real estate development investment,economic prosperity index and consumer price index of urban residents in Shanghai are positively correlated with the prices of commercial and residential apartments,while the national three to five-year loan rate is negatively correlated with the prices of commercial and residential apartments in Shanghai.This study shows that,compared with the general residential apartments,commercial apartments price factors are more diverse and complex,which also reflects the investment of commercial apartments,its risk is relatively greater,but it can better reflect the economic development of a region and the degree of expectations of investors.