Economics, Econometrics and Finance
8 years ago

Shenyang housing prices stabilize, offering hope for affordable living.

Shenyang Commercial Housing Price Index Based on Hedonic Price Model
Zhao Lian

Paper Summary

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The researchers studied the commercial housing market in Shenyang by analyzing the Shenyang commercial housing price index using a hedonic price model. They identified 14 factors that impact the price of commercial housing in Shenyang and calculated the price indexes from 2006 to 2013. The study found that the growth rate of commercial housing prices in Shenyang has been slowing down each year. The researchers also provided suggestions to address potential future market issues.