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Prediction on the trend of real estate development in Nanjing city in the future based on the data from 2007 to 2012(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2014年03期
Page:
47-52
Research Field:
经济与管理
Publishing date:

Info

Title:
Prediction on the trend of real estate development in Nanjing city in the future based on the data from 2007 to 2012
Author(s):
LIU Yang WANG Qiu-ling
School of Economics and Management, Chang’an University, Xi’an 710064, Shaanxi, China
Keywords:
urban economy housing price real estate market Nanjing city
PACS:
F293.3
DOI:
-
Abstract:
On the basis of brief analysis of the construction area of buildings, sales area of residential commodity houses, average price of residential commodity houses in sale and area of floor space completed in Nanjing city from 2007 to 2012, the authors make a comparison between the macro goal of social economic development and the rise of the average price of residential commodity houses, and summarizes as well as analyzes the eight key indicators that influence real estate price in Nanjing, that is, two coincidence indicators, three backward indicators and three lagging indicators. On this basis, the article predicts the price trend of the real estate in Nanjing city in the next five years. The real estate price in Nanjing in the next five years will present three stages and features, namely, period of rapidly rising, period of inflection point and period of stable growth.

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Last Update: 2014-10-08