2009•Journal of Huaihua UniversityRequires access
On the Function of Supply and Demand in China’s Real Estate Market
Yan Zhou
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Abstract
This article first analyzes the condition of the real estate market in recent years,and then researches the functions about supply and demand by using the econometric software and data related the real estate market's project.The results prove that the supply curve is rational while the demand curve is distorted in China's real estate market.China's housing prices rose too fast in the past few years,the present falling housing price is the performance which demonstrates that the price is returning to a reasonable level.