Abstract

With the challenges brought about by the COVID-19 pandemic, China’s real-estate market has been facing new bottlenecks. The solution lies in an in-depth understanding of regional real-estate conditions. In the study of housing, remote sensing technology can help to extract building height as well as to calculate the number of floors and estimate the total amount of housing. It is more efficient and accurate compared to conventional statistical and sampling methods. Remote sensing is widely used in real-estate research and building height estimation, whereas it is less frequently used for the total estimation of urban housing. In this context, we used Chinese satellite GF-7 stereopair images, point of interest (POI) data, and other data combined with the digital surface model (DSM) and shadow methods to calculate the height of residential buildings. An efficient and accurate method system was then established for estimating the total housing and per capita living area (PCLA). According to the calculation of the PCLA of each district in Ningbo City (China), it was found that different regions were suitable for different development paths. Based on this, the driving factor model was derived and the real-estate development potential of Ningbo city was quantitatively analyzed. The results showed that Ningbo City, a first-tier city with a large population inflow, still has potential for real-estate development.

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