Research on the steady and healthy operation of China’s real estate industry in the new development stage

Abstract

Under the new background that the China’s current economy is transforming from high-speed growth to high-quality development, the real estate industry, which is related to the national economy and people's livelihood, urgently needs transformation and upgrading. Based on this, this paper uses the relevant data of the real estate industry from 2002 to 2019 to build a regression model to find out the factors affecting the healthy operation of the real estate industry and conduct a scientific analysis of the current situation of China's real estate industry. The grey model is used to predict the trend of the real estate industry in the next few years, and relevant suggestions are put forward to provide reference for the long-term development of the real estate industry. On the basis of the prediction that the real estate industry will fall back in the next few years, this article suggests that the real estate industry actively innovate, seek new economic growth points and the government improve the land supply policy, strengthen the supervision of the real estate industry, and inject new vitality into the demand side on account of people's wellbeing.