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Special Edition 26 Real Estate Focus

2014 May Vol.72 27

Special Edition 1 4 778 918 1,059 1,104 1,402 2,191 2 3 707 785 673 868 432 1,458 3 2 479 275 306 482 843 678 4 1 273 260 265 248 236 426 5-132 90 161 211 233 377 6-89 85 146 278 276 356 7-82 83 77 204 191 308 8-63 30 65 131 81 168 9-55 23 46 94 73 103 10-45 21 34 82 68 99 11-42 19 33 71 52 95 12-39 19 30 30 24 68 13-34 19 28 17 19 46 14-33 16 24 16 9 38 15-32 14 15 15 8 34 16-28 12 13 15 8 27 17-18 12 7 13 7 26 18-14 9 6 12 7 21 19-12 8-11 6 19 20-9 8-10 6 16 21-8 7-9 6 16 22-7 - - 9 6 15 23 - - - - 7 - - 28 Real Estate Focus

14 12 10 8 6 4 2 0 3_1 3_2 3_3 3_4 4_1 4_2 4_3 4_4 5_1 5_2 5_3 5_4 5_5 6_1 6_2 6_3 6_4 7_1 7_2 7_3 7_4 8_1 8_2 8_3 8_4 8_5 9_1 9_2 9_3 9_4 2014 May Vol.72 29

Special Edition 240 230 220 210 200 190 180 170 160 150 140 500 450 400 350 300 250 200 150 100 50 0 2011.01 2011.02 2011.03 2011.04 2011.05 2011.06 2011.07 2011.08 2011.09 2011.10 2011.11 2011.12 2012.01 2012.02 2012.03 2012.04 2012.05 2012.06 2012.07 2012.08 2012.09 2012.10 2012.11 2012.12 2013.01 2013.02 2013.03 2013.04 2013.05 2013.06 2013.07 2013.08 2013.09 2013.10 2013.11 30 Real Estate Focus

4500 4000 3500 3000 2500 2000 1500 1000 500 0 2011.01 2011.02 2011.03 2011.04 2011.05 2011.06 2011.07 2011.08 2011.09 2011.10 2011.11 2011.12 2012.01 2012.02 2012.03 2012.04 2012.05 2012.06 2012.07 2012.08 2012.09 2012.10 2012.11 2012.12 2013.01 2013.02 2013.03 2013.04 2013.05 2013.06 2013.07 2013.08 2013.09 2013.10 2013.11 2014 May Vol.72 31

Special Edition 1000 900 800 700 600 500 400 300 200 100 0 2011.01 2011.02 2011.03 2011.04 2011.05 2011.06 2011.07 2011.08 2011.09 2011.10 2011.11 2011.12 2012.01 2012.02 2012.03 2012.04 2012.05 2012.06 2012.07 2012.08 2012.09 2012.10 2012.11 2012.12 2013.01 2013.02 2013.03 2013.04 2013.05 2013.06 2013.07 2013.08 2013.09 1-100 101-500 501-1000 1001-1500 1501-2000 1-100 101-500 501-1000 1001-1500 1501-2000 1-100 101-500 501-1000 1001-1500 1501-2000 32 Real Estate Focus

40 38 36 34 32 30 28 26 24 22 20 140 120 80 60 40 20 0 2011.01 2011.02 2011.03 2011.04 2011.05 2011.06 2011.07 2011.08 2011.09 2011.10 2011.11 2011.12 2012.01 2012.02 2012.03 2012.04 2012.05 2012.06 2012.07 2012.08 2012.09 2012.10 2012.11 2012.12 2013.01 2013.02 2013.03 2013.04 2013.05 2013.06 2013.07 2013.08 2013.09 2014 May Vol.72 33

Special Edition 110.00 105.00 100.00 95.00 90.00 85.00 2011.07 2011.08 2011.09 2011.10 2011.11 2011.12 2012.01 2012.02 2012.03 2012.04 2012.05 2012.06 110.00 2012.07 2012.08 2012.09 2012.10 2012.11 2012.12 2013.01 2013.02 2013.03 2013.04 2013.05 2013.06 2013.07 2013.08 2013.09 2013.10 2013.11 105.00 100.00 95.00 90.00 85.00 34 Real Estate Focus 2011.07 2011.08 2011.09 2011.10 2011.11 2011.12 2012.01 2012.02 2012.03 2012.04 2012.05 2012.06 2012.07 2012.08 2012.09 2012.10 2012.11 2012.12 2013.01 2013.02 2013.03 2013.04 2013.05 2013.06 2013.07 2013.08 2013.09 2013.10 2013.11

Degree Centrality(2011) Degree Centrality(2012) Degree Centrality(2013) 2014 May Vol.72 35

Special Edition 50 45 40 35 80 70 60 50 40 30 20 10 0 36 Real Estate Focus

2014 May Vol.72 37

Special Edition 38 Real Estate Focus

2014 May Vol.72 39