Analysis of the Factors of Real Estate Price Based on Hangzhou

Songyao Wang ()
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Songyao Wang: Jilin University, School of Management

A chapter in Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), 2022, pp 364-373 from Springer

Abstract: Abstract The real estate industry plays an important role in the national economy and is an important industry to enhance the national economy and improve people’s life. Due to the high correlation and strong driving force of the real estate industry, it has become an important industry of the national economy. This study adopted Hangzhou as an example, this paper studies the influencing factors of house prices. The results show that there may be many factors affecting house prices, resulting in poor prediction results. In addition, housing area, housing years and sales date are the most important factors. One of the important contents of a harmonious society is the people’s livelihood, and the housing problem is an important people’s livelihood problem, which is directly related to the improvement of people’s living standards and quality of life. Therefore, accelerating urban housing construction and solving the problem of people’s housing shortage is a major event related to the national economy and the people’s livelihood, developing production and improving people’s living standards. Promoting the healthy development of the real estate industry is the basic need to improve the housing level of residents, improve the living quality and meet the material and cultural needs of the people.

Keywords: Factors; Model Analysis; Real Estate Price (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-052-7_42

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DOI: 10.2991/978-94-6463-052-7_42

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