国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

BIZCHINA> Industries
Construction: Housing market undergoes adjustment
By Song Wei (chinadaily.com.cn)
Updated: 2008-07-22 16:07

Construction: Housing market undergoes adjustment
Workers paint the exterior of a new building in Nanjing, Jiangsu province, June 18, 2008. Experts believe a healthy housing market may emerge after the Olympic Games. [Agencies]


China's massive housing market is undergoing adjustment -- but experts believe a healthy market may emerge.

"If the market doesn't drop as much as people expect after the Olympic Games, prices will rally again, and will probably even rise," said Ben Christensen, head of research for Jones Lang LaSalle Beijing. The current wait-and-see sentiment in the market does not mean housing demand is evaporating, he added.

Related readings:
Construction: Housing market undergoes adjustment Shanghai house market slows
Construction: Housing market undergoes adjustment Urban housing prices up 9.2% in Q2, rents up 2.2%
Construction: Housing market undergoes adjustment China must avoid a housing slump
Construction: Housing market undergoes adjustment Housing policy vital to fair and stable society

Yet some market watchers believe China's tightening mortgage policy has put a sudden brake on the overheating housing market, especially in Shenzhen, Shanghai and Beijing, where prices had mainly been driven by speculation. Economic uncertainties as a result of the global slowdown and the tight monetary policy at home have also dampened the real estate market.

Chris Brooke, president and CEO of CB Richard Ellis, said China is not likely to suffer a credit debacle like the US, despite the ongoing adjustments in the country's property market.

"Some big corrections occurred only in a few cities that experienced crazy property price growth last year but don't have enough demand to support the market," said Brooke, stressing the market adjustment should be seen on a city-by-city and project-by-project basis rather than an overall collapse. "Besides, property demand in China is also much stronger than that of the US," he added.

Sale of residential houses in Shenzhen is forecast to continue plunging this year to the level of 10 years ago, as home buyers and investors have adopted a wait-and-see attitude.

Shenzhen's land and housing authorities released a report on the city's housing market that shows the average housing prices in May 2008 fell 36 percent to 11,015 yuan per square meter from the peak in October 2007 at 17,350 yuan per square meter.

"Prices are expected to drop another 10 percent as some struggling small- and medium-sized real estate developers and housing speculators are selling properties for cheap to maintain cash flow," said Song Ding, a senior real estate analyst with China Development Institute.


(For more biz stories, please visit Industries)

 

 

汉阴县| 四子王旗| 阿拉善左旗| 兰考县| 舒城县| 安图县| 福海县| 美姑县| 泰兴市| 敦煌市| 尤溪县| 历史| 凭祥市| 泰州市| 米林县| 许昌市| 清原| 遂川县| 昌吉市| 三门县| 措勤县| 鄂托克前旗| 姚安县| 静乐县| 阳谷县| 呈贡县| 杭锦旗| 万年县| 九龙县| 沙田区| 兰西县| 伊川县| 犍为县| 三原县| 本溪市| 莆田市| 咸宁市| 米脂县| 藁城市| 桦川县| 淳安县|