Study on the Influencing Factors of the Western Provincial Capital Cities’ Housing Price Differences
2014 ◽
Vol 1079-1080
◽
pp. 1093-1097
Keyword(s):
In recent years, the regional difference of the real estate price in western area gradually increases, making the effects of macroeconomic regulation and control is different among regions. In this paper, based on the theory of market supply and demand, first of all, the indicators are selected that can reflect the conditions of real estate market, then western provincial capital cities’ real estate markets are divided into three regions through cluster analysis. Secondly, the natural logarithmic model is established concerning the commercial housing price and the factors. Multiple regression analysis is performed for each area, in order to analyze the reasons of property price differences in three regions.