Chapter
Dec 9, 2021
The Dialectical Relationship between the Sales Area, Price, and Inventory of Commercial Residential Buildings in Liaoning
Publication: ICCREM 2021
ABSTRACT
In recent years, Liaoning economy has generally declined and population exodus has been severe. Especially affected by the epidemic and strict national regulation, the Liaoning real estate market in 2020 shows a trend of declining sales and rising inventory. Through data research, during the rapid increase sales price and area, the market inventory decreases rapidly. To dialectically analyze the relationship between sales price, sales area, and inventory, this article combines the key variable to do an Eviews VAR model analysis; the increase in average sales price has a major impact on inventory and sales area has a secondary impact. Therefore, in the context of stabilizing housing prices and ensuring housing, we should establish a stable real estate market from macro planning, supply-side design, and demand-side expansion.
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REFERENCES
Luo, Y. L. (2017). Spatial-temporal Different Effect of Land Supply on Housing Price, Wuhan University, Hubei, China, 35–45. (in Chinese).
Zhang, Y. Y. (2015). Research on the Impacts of China’s Population and Land Urbanization on Real Estate Stock. Dongbei University of Finance and Economics, Liaoning, China, 19–33. (in Chinese).
Information & Authors
Information
Published In
ICCREM 2021
Pages: 951 - 956
Copyright
© 2021 American Society of Civil Engineers.
History
Published online: Dec 9, 2021
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Authors
Affiliations
1Lecturer, Dept. of Real Estate and Engineering Management, Liaoning Urban Construction Technical College, Shenyang, China. Email: [email protected]
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.