The Normal Range of House Price Rising Rate of China

摘要

The development of real estate industry is significant to the national economy and the people's livelihood, and the regulation of real estate is an important content of macroeconomic regulation and is controversial invariably. The key of real estate regulation is the regulation of house price, i.e. to control the rising extent of house price within a normal range. The article calculates the target range of house price regulation in 3σ Method. According to the conclusions, should control the house price rising rate in first-tier cities within [-10.84%, 10.56%], and that in second-tier cities within [-5.13%, 15.99%].The conclusions can provide a theoretical support for the stipulation of real estate regulation policies and the evaluation of the effects of real estate regulation policies.