Industrial Contraction Continues In Northeast

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In several major cities in Northeast China as an example, from 2014, Dalian, Shenyang, Changchun and other places have appeared in the property market turnover decline, prices fell sharply situation. Analysis of the industry, the decline of the Northeast and the regional economy in Inner Mongolia influence buyers attitudes towards redevelopment properties is especially clear, leading to lack of confidence in the future buyers of the property market is expected to rise.

"2014, Dalian basic price undulating, especially customer base in the Northeast region of the high-end residential projects in great demand, but because of the economic slump, buyers began to become more sensitive to price, quality is down secondary position. "A well-known national marketing director of housing prices in the northern region, told reporters.