Design of the early-warning index system for Xi´an real estate market

Author

Ping, Zhao ; Yunxiang, Hu

Author_Institution

Xi´´an Univ. of Archit. & Technol., Xi´´an, China

fYear

2009

fDate

17-19 June 2009

Firstpage

4783

Lastpage

4788

Abstract

Establishing a warning index system of real estate market (WISRM) to assist local government making decision is an arduous and valuable task, especially which can show market situation timely, concisely and comprehensively. Based on investigating history data during 1996-2006, the WISRM for Xi´an city is built up by combining principal component analysis with time-difference correlation analysis, which consists of 17 indicators sorted by time difference correlation. The SPSS software is used to carry out statistic analysis. The result is accord with the practical condition of Xi´an city well, and is able to fully reflect the states of real estate market.

Keywords

correlation methods; decision making; local government; principal component analysis; real estate data processing; SPSS software; Xi´an real estate market; decision making; early-warning index system; local government; principal component analysis; statistic analysis; time-difference correlation analysis; Cities and towns; Economic forecasting; Electronic mail; Environmental economics; History; Industrial economics; Local government; Principal component analysis; Standardization; Statistical analysis; Principal component analysis; Real estate; Time-difference correlation analysis;

fLanguage

English

Publisher

ieee

Conference_Titel

Control and Decision Conference, 2009. CCDC '09. Chinese

Conference_Location

Guilin

Print_ISBN

978-1-4244-2722-2

Electronic_ISBN

978-1-4244-2723-9

Type

conf

DOI

10.1109/CCDC.2009.5194859

Filename

5194859