Your current location:HOME >style >There's spring in real estate recovery 正文
TIME:2024-05-09 02:56:22 Source: Internet compilationEdit:style
Employees introduce a residential project to visitors during the 2023 Weifang Real Estate Expo held
Employees introduce a residential project to visitors during the 2023 Weifang Real Estate Expo held in Shandong province on Feb 10. [Photo/China Daily]
More transactions expected this year after supportive measures and market correction
Consensus is fast emerging among industry observers that China's property market, which had faced a variety of troubles over the last few years, is back on track, with recovery appearing possible this year.
"After a period of market correction, the property market will stage a strong comeback this year on the back of a number of supportive measures," said Chen Wenjing, director of research at the China Index Academy.
Since last November, a series of measures targeting both supply and demand have been introduced. The work conference of national housing and urban-rural development held on Jan 17 also set the tone for this year's property market policies, which is boosting confidence, controlling risks and promoting transformation, Chen said.
Meantime, the nation's financial regulators have released a number of supportive measures, including differentiated credit support for homebuyers, facilitation of delivery of residential projects, enhanced cash flow of prime developers, guidance for their balance sheets toward a safe range, and improvements to the rental housing market.
All of which echoed the tone-setting annual Central Economic Work Conference in mid-December, experts said.
2 killed in rain2024-05-09 02:43
Chinese collage offers spring break, encourages outings, love2024-05-09 02:24
Police will not save us from gun violence: U.S. media2024-05-09 01:41
NATO's bigger remit brings rising dangers2024-05-09 01:33
Leverkusen unbeaten run up to 48 after Frankfurt win2024-05-09 01:06
UK PM fined over COVID2024-05-09 00:42
China's first artificial bred Pallas's cat dies2024-05-09 00:41
U.S. stocks fall as investors dump risky assets amid surging inflation2024-05-09 00:41
Guangdong avenge Shandong, seal 6th straight win2024-05-09 00:23
Technological innovation progress comes with rise of China's Silicon Valley2024-05-09 00:23
Harper hits grand slam, streaking Phillies rout Blue Jays 102024-05-09 02:35
Powerful Hurricane Ida slams U.S. Louisiana, other regions2024-05-09 02:34
Hundreds gather in London to protest against Assange's U.S. extradition2024-05-09 02:25
Centennial celebrations of Chapman's Peak Drive held in Cape Town2024-05-09 02:25
Wisconsin Republicans launch audit of state government diversity efforts2024-05-09 02:06
Chinese firms popular at Egypt's largest medical expo2024-05-09 02:03
Heavy rains kill 253 in S. Africa2024-05-09 01:45
Reality bites in Asia over NATO push2024-05-09 01:33
South China's Boao sees thriving homestay industry2024-05-09 01:23
China to hand over completed new parliament building to Zimbabwe2024-05-09 00:20