Home / Business / Real Estate Tools: Save | Print | E-mail | Most Read | Comment
Report Predicts Further Housing Price Hike in 3rd Quarter
Adjust font size:  ZoomIn ZoomOut

Housing prices in Chinese cities will continue to rise in the third quarter this year despite government pledges to make housing more affordable for low-income families, according to a recent report from an industry group.

 

The booming Chinese economy, people's rising incomes and excessive liquidity will keep the housing demand strong in the latter half of the year, a research group under the All-China Federation of Industry and Commerce (ACFIC) said.

 

Zhu Zhongyi, vice president of the China Real Estate Association, said earlier this month, "It is the disparity between tight supply and overheating demand that has pushed the prices up."

 

However, a sharp increase in land purchase by real estate developers in the second quarter would boost market supply over the next one or two years, helping alleviate the upward pressure on housing prices, said the report.

 

Investment by real estate developers continued to expand in the second quarter, with the growth rate 2.73 percentage points higher than the same period of last year and 2.51 percentage points higher than the first quarter.

 

Government efforts to adjust the housing market structure have been paying off since the beginning of 2007, said the report.

 

In the first six months, 23.7 percent of real estate investment went into the construction of affordable apartments no bigger than 90 square meters, while villas and high-end apartments absorbed 10 percent of the investment, down from 11.98 percent in January and February.

 

Housing prices in 70 major Chinese cities were up a record 7.5 percent in July from the same month last year, according to figures from the National Bureau of Statistics (NBS). The rise was 0.4 percentage points higher than the figure of June.

 

Beihai, Shenzhen and Nanning saw the highest price hikes at 18.6 percent, 16.1 percent and 12 percent respectively.

 

(Xinhua News Agency August 22, 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Rising House Prices Show No Sign of Abating
- Housing Fears Change Values of Chinese Youth
- Affordable Housing Guidelines Issued
- Magnates Bidding for Plot in Shanghai
- Beijingers Occupy 20 Sqm House Area Per Capita
- Down Payment Ratio for Secondhand Housing Loan Likely to Change
- Housing Prices Up in July in Major Cities
- New Body for Public Housing
- No Relief in Sight on Realty Prices
Most Viewed >>

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 久久综合狠狠色综合伊人| 公交车上被弄进走不动| 怡红院免费全部视频在线视频| 天天看天天射天天碰| 中文字幕亚洲一区二区三区| 日本高清有码视频| 亚洲一久久久久久久久| 182在线播放| 处女的诱惑在线观看| 一二三四在线观看免费高清视频| 欧美区在线播放| 午夜gif视频免费120秒| 蜜芽亚洲欧美一区二区电影| 国产日韩在线观看视频网站| 1000部免费啪啪十八未年禁止观看 | 性欧美高清come| 丰满少妇大力进入| 日本韩国中文字幕| 久草视频在线资源| 欧美videos娇小| 亚洲国产精品成人精品小说| 污到下面流水的视频| 伊人久久综合谁合综合久久| 精品久久国产视频| 午夜人屠h精品全集| 美女羞羞视频免费网站| 国产xxxx做受视频| 91国在线视频| 成年女人黄小视频| 久久91精品综合国产首页| 日本理论片2828理论片| 久久精品国产99国产精品澳门 | 天堂中文www资源在线| sao货水真多好浪好紧视频| 嫩小xxxxx性bbbbb孕妇| 一二三四社区在线高清观看在线| 成人中文字幕在线| 亚洲AV无码久久| 欧洲最强rapper网站在线看| 亚洲人成无码网站久久99热国产 | www.日本在线视频|