Subtitle:
By:Ni Pengfei
Publisher:Social Sciences Academic Press
ISBN:
Publication Date:2017-04-05
Language:Chinese
As an important part of China's economic and social development, China’s real estate industry is heavily influenced by four factors: the growth and fluctuation of China's macroeconomic and the development stage and distinct economic and social conditions. The development of housing market reflects the current state of China’s real estate industry. Housing prices have been fluctuating in the asset market and property market as it is a durable commodity and often used for investment purposes. In the housing market, higher growth rate in population than in housing prices means unmet demands.