Current location:entertainment >>
There's spring in real estate recovery
entertainment1People have gathered around
IntroductionEmployees 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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Interactions news portal”。http://zimbabwe.popular-vines.com/article-58e099863.html
Related articles
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
entertainmentGENEVA (AP) — Needing a win to face Novak Djokovic next at the Geneva Open, Andy Murray was saved by ...
Read moreSupreme Court to hear arguments over mifepristone Tuesday
entertainmentWASHINGTON (AP) — The Supreme Court will again wade into the fractious issue of abortion this week w ...
Read moreThe Titans trade a seventh
entertainmentNASHVILLE, Tenn. (AP) — The Tennessee Titans have traded a seventh-round pick in the upcoming NFL dr ...
Read more
Popular articles
- Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
- US Open champ Wyndham Clark takes a shot at LIV Golf after opening round of the Masters
- The Titans trade a seventh
- Republicans debate ahead of runoff for Alabama congressional seat
- Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- Los Angeles County's troubled juvenile halls get reprieve, can remain open after improvements
Latest articles
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
New Jersey officials drop appeal of judge's order to redraw Democratic primary ballot
Judge in Trump’s classified files case agrees to protect witness identities
Retiring Chairman Sean McManus leaves CBS Sports with its critical properties locked up long
Kate Hudson hits the stage to debut songs from her new album Glorious at star
Police looking into how missing fisher went overboard
LINKS
- Strong tornado kills 5, injures 33 in China's Guangzhou
- Paris inaugurates giant water storage basin to clean up the River Seine for Olympic swimming
- Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools
- Theme park operator offers holiday treats
- Ice and snow warm up winter tourism in Northeast China
- Domestic theme parks see surging visits during Spring Festival
- Coach sees challenges for women's basketball team at Paris 2024
- Descendants of Doolittle Raiders visit Quzhou, celebrate China
- China expects 210 mln road passenger trips during National Day holiday
- Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools