The Dialectical Relationship between the Sales Area, Price, and Inventory of Commercial Residential Buildings in Liaoning

Abstract

In recent years, Liaoning economy has generally declined and population exodus has been severe. Especially affected by the epidemic and strict national regulation, the Liaoning real estate market in 2020 shows a trend of declining sales and rising inventory. Through data research, during the rapid increase sales price and area, the market inventory decreases rapidly. To dialectically analyze the relationship between sales price, sales area, and inventory, this article combines the key variable to do an Eviews VAR model analysis; the increase in average sales price has a major impact on inventory and sales area has a secondary impact. Therefore, in the context of stabilizing housing prices and ensuring housing, we should establish a stable real estate market from macro planning, supply-side design, and demand-side expansion.