Journal of East China Normal University (Philosoph ›› 2013, Vol. 45 ›› Issue (3): 137-144.

• 房地产经济研究 • Previous Articles     Next Articles

Theoretical Model and Empirical Analysis of Early Warning on Shanghai’s Real Estate Market

WANG Sheng, DI Qing & BAI Yu-chen   

  • Online:2013-05-15 Published:2013-05-24
  • Contact: WANG Sheng, DI Qing & BAI Yu-chen
  • About author:WANG Sheng, DI Qing & BAI Yu-chen

Abstract: The fluctuation of real estate market will perplex other sections and even the whole national economy. Therefore, the early warning of this fluctuation is very important. Combining the method of forecasting through statistical fitting and the 6-sigma early warning method, this paper selects key indexes of price, sales volume, investment and coordination degree in Shanghai’s real estate market to fit into the established model. The result shows that there is difference in the price affection model among several sub-markets in Shanghai. While the comparative price ratio of outside-ring district was mainly related with sales rather than investment factors, the comparative price ratio of inner-middle districts was more related with the matter of supply-demand and reasonable investment ratio. Thus, we can make respective forecasting models, alarming statistics, and early warning control charts reflecting the reality.