People line: the property market prices fell stable

People’s Bank of China recently reported that this year the mainland property market may show “turnover down, prices fell slightly” development trend, but some hot cities short supply, residents lack of investment channels, property prices are still rising pressure.

People’s Bank recently released “China’s regional financial operation report (2017)”, in the property market topics, the property market this year to make the above statement.

Under the strict control, in July the mainland second and third tier cities in the property market, there are different degrees of cooling, turnover continued to decline.

Part of the hot city is still rising pressure

People pointed out that the district will conscientiously implement the policy of “the house is used to live, not used to fry” and continue to strengthen the policy of “due to the city” policy, the national property market may show a decline in turnover, a slight decline in the development trend The But the property prices are expected to remain, mainly due to insufficient land supply, some cities even “flour than bread” situation; some hot city stocks in the low, short-term market supply; and residents of the investment channels are limited and the return is not high.

The report that should establish and improve the real estate market healthy development of long – term mechanism to strengthen the housing finance macro – prudent management, strict restrictions on the flow of funds to invest in speculative buyers, and actively develop long – term public rental housing.