Your current location:HOME >opinions >There's spring in real estate recovery 正文
TIME:2024-05-21 14:50:15 Source: Internet compilationEdit:opinions
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.
Target to lower prices on basic goods in response to inflation2024-05-21 14:46
'Les Choristes' for Left2024-05-21 14:19
China's Jiangsu to Create 14,000 New Jobs for Disabled People in 20222024-05-21 13:41
China Creates over 6.5 Million Urban Jobs in H12024-05-21 13:22
Inquiry slams UK authorities for failures that killed thousands in infected blood scandal2024-05-21 13:06
China Inaugurates Second National Botanical Garden2024-05-21 12:58
China Strengthens Efforts to Protect Asian Elephants2024-05-21 12:55
China Sees Wider High School Education Coverage2024-05-21 12:45
Jon Wysocki dead at 53: Staind drummer passes away2024-05-21 12:25
China Ensures Healthcare Access for All 510 Mln Rural Residents2024-05-21 12:09
Verona confirms Serie A status for another year after beating Salernitana2024-05-21 14:49
UN Hails China Lessons in Poverty Fight2024-05-21 14:43
China Announces Campaign to Strengthen Psychological Care for Elderly2024-05-21 14:25
Maritime Day of China Marked in NE China's Liaoning2024-05-21 14:10
What a blast to work at NASA. Space agency is sky2024-05-21 14:09
Farmers Busy with Summer Farming Across China2024-05-21 13:49
China Tops the World in Globally Important Agricultural Heritage Systems2024-05-21 13:07
China Adds 6.5 Mln Master's Graduates in 10 Years2024-05-21 12:54
Company wins court ruling to continue development of Michigan factory serving EV industry2024-05-21 12:38
UN Launches Guidance Note on Monitoring, Reporting of Children Abducted in Conflicts2024-05-21 12:33