Research on Supply and Demand of Xi'an Real Estate Market

Zhou Ji Meng; Tao Zhou; Shu Hua Gao

doi:10.4028/www.scientific.net/AMR.368-373.3078

Paper Titles

Design and Application of Comprehensive Development Level of the Construction Industry Model Based on SPSS in Shandong, China
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Strategy Researches on the Consultation Institute Development
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The Development of Construction Management System on Architect View in Our Country
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Discussion on the Supplying Merchanism of the Supporting Public Facilities of the Urban Edges Residential Area
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Research on Supply and Demand of Xi'an Real Estate Market
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Research on Xi'an Real Estate Market and National Economy Based on Spectral Analysis
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Study of the Rural Infrastructure Project Evaluation Index System Based on Sustainable Development
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A Study on the Evaluation of China's Real Estate Business Performance — Based on Modified TOPSIS Method
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Study on Project Management Maturity of Real Estate Enterprise
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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 368-373Research on Supply and Demand of Xi'an Real Estate...

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.

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Periodical:

Advanced Materials Research (Volumes 368-373)

Pages:

3078-3082

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.368-373.3078

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Online since:

October 2011

Authors:

Zhou Ji Meng, Tao Zhou, Shu Hua Gao

Keywords:

Cycle Fluctuations, Principal Component Analysis (PCA), Real Estate, Spectral Analysis

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