However, in the Academy of Social Sciences has just published blue book of the economy, some experts believe that falling house prices is unlikely. The reason is that economic growth, urbanization and other factors that support the sustainable development of the property market has not changed.
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If real estate developers still in the has already come.
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National Bureau of Statistics December 17, 2007 released in November, invested 69.3 billion yuan, an increase of 31.7%.
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the new network on January 1, Zhejiang Xinhua turn of the year, the Chinese real estate market experienced a rate hike,
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national increase in the intensity of low-cost housing construction initiatives, affordable housing for middle-income groups to the policy orientation and the policies that continue to appear out of control determination, so a lot of confusion early in the year also caught stabilization of consumer prices down feel hope. SouFun recent survey shows that 59.23 percent of respondents believe that the property market will be a turning point, 69.13% of respondents believe that now is not a good time to buy a house.
Vanke chairman Wang Shi said shortly before the first public agreed that Have with this, the Chinese real estate market firm while recognizing that: Shanghai, Beijing and Guangzhou, showed the property market turnover decline, the price correction in the trend. SouFun data show that Shanghai residential average price in November decreased by 7% qoq, from 11,500 yuan per square meter in October dropped to 10,700 yuan. Volume continues to decline. At the same time, Guangzhou, Shenzhen, real estate prices also decreased slightly.
With the continuing rise in real estate transactions,
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the new network on January 1, Zhejiang Xinhua turn of the year, the Chinese real estate market, after raising interest rates, two suites of new policies after several rounds of regulation, the market situation has undergone subtle changes, market the mentality of the forces is also changing.