Paper Title:
Research on Supply and Demand of Xi'an Real Estate Market
  Abstract

In the passage, the indicators of supply and demand of real estate market in Xi'an are established, and such indicators are synthesized into a class of synthetic indicators using “principal component analysis”. After the spectral analysis of synthetic indicators, periodic change of supply and demand of real estate through spectral density could be determined. Through the analysis, great randomness existed in supply and demand of real estate in Xi’an. Furthermore, in the medium term, a 3.3 years’ secondary cycle still existed in synthetic indicators of demand, while randomness existed in synthetic indicators of supply. Such findings suggest a declined trend existed in real estate price in medium term of Xi’an.

  Info
Periodical
Advanced Materials Research (Volumes 368-373)
Chapter
Chapter 8: Infrastructure Construction Management and Sustainable Urban Development
Edited by
Qing Yang, Li Hua Zhu, Jing Jing He, Zeng Feng Yan and Rui Ren
Pages
3078-3082
DOI
10.4028/www.scientific.net/AMR.368-373.3078
Citation
Z. J. Meng, T. Zhou, S. H. Gao, "Research on Supply and Demand of Xi'an Real Estate Market", Advanced Materials Research, Vols. 368-373, pp. 3078-3082, 2012
Online since
October 2011
Export
Price
$32.00
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