Research Article

Spatial-Temporal Change Trend Analysis of Second-Hand House Price in Hefei Based on Spatial Network

Table 3

Spatial Markov transition probability matrix of secondary residential prices in Hefei city in 2020–2021 (conditional on spatial lag).

Spatial lagLocal status2020.10–2021.3 (stage 1)2021.4–2021.9 (stage 2)
nLowLowerHigherHighnLowLowerHigherHigh
t/t + 11765<25%25%∼50%50%∼75%>75%1765<25%25%∼50%50%∼75%>75%

LowLow3130.9680.0320.0000.0003180.9500.0500.0000.000
Lower750.0800.9200.0000.000590.1020.8310.0680.000
Higher250.0000.0001.0000.000160.0000.0630.9380.000
High00.0000.0000.0000.00000.0000.0000.0000.000

LowerLow940.9040.0960.0000.000910.8900.1100.0000.000
Lower970.0520.8870.0620.0001660.0120.8980.0900.000
Higher980.0000.0200.9390.041890.0000.0670.9210.011
High50.0000.0000.0001.00080.0000.0000.0001.000

HigherLow370.8650.1350.0000.000400.8750.1250.0000.000
Lower2300.0170.9090.0740.0001940.0150.8560.1290.000
Higher2490.0000.0400.8960.0642530.0000.0160.9410.043
High890.0000.0000.0110.9891030.0000.00.0190.981

HighLow41.0000.0000.0000.0000.0000.0000.0000.0000.000
Lower450.0000.8220.1780.000250.0001.0000.0000.000
Higher770.0000.0130.7660.221750.0000.0130.9330.053
High3270.0000.0000.0001.0003280.0000.0000.0090.991