Summary: As the result of summary, all factors except the amount of housing supply seem to operate as the decreasing cause of housing prices in 2012. In other words, even though interest rate changes are more or less flexible, all factors of long-term...
Summary: As the result of summary, all factors except the amount of housing supply seem to operate as the decreasing cause of housing prices in 2012. In other words, even though interest rate changes are more or less flexible, all factors of long-term population progress, astronomical household debt, consistent nest housing supply, and world-wide financial crisis resulting from the Europe seem to work as the decreasing cause of housing prices. But in spite of general dominant decreasing cause, considering housing supply and present some regional house price, the housing price with the standard of station influence area or small house in the neighborhood of university area has the room of ascending chance temporarily and regionally. That is to say, the papers are standardized by the total market of capital area, but there would be probability of different outcome with the distinct of every region and scale. However considering general and various factors, we had better have the forecast of housing market as a stable and downtrend in 2012.