Your current location:HOME >health >There's spring in real estate recovery 正文
TIME:2024-05-22 05:09:22 Source: Internet compilationEdit:health
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.
US overdose deaths dropped in 2023, the first time since 20182024-05-22 04:51
U.S. small yard, high fence strategy will eventually backfire2024-05-22 04:47
UAE to participate in 21st China2024-05-22 04:46
Commentary: Recovery momentum of Chinese economy strengthened2024-05-22 04:41
Verona confirms Serie A status for another year after beating Salernitana2024-05-22 04:35
Travel boom sees 740 mln trips made in 32024-05-22 04:18
Bazaar train boosts incomes for residents in Xinjiang, NW China2024-05-22 03:02
Spotlight2024-05-22 02:56
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS2024-05-22 02:51
Death toll rises to 16 following Taiwan quake as reconstruction starts2024-05-22 02:24
Mystery artist who erected signs comparing pothole2024-05-22 04:50
Protection of consumers' personal information highlighted in China's new regulations2024-05-22 04:50
Bazaar train boosts incomes for residents in Xinjiang, NW China2024-05-22 04:50
Feature: China2024-05-22 04:21
What a blast to work at NASA. Space agency is sky2024-05-22 03:38
Interview: One artist, many instruments and a 'melting pot' of genres2024-05-22 03:19
Commentary: Xi's meeting with Ma injects positive energy to relations across Taiwan Strait2024-05-22 02:59
China urges U.S., Japan, Philippines to stop undermining regional peace, stability2024-05-22 02:51
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed2024-05-22 02:45
CPC official urges stronger sense of responsibility in united front work to serve modernization2024-05-22 02:45