Looking for the shantytown redevelopment to start pushing up demand in provincial capitals. 60% of surveyed real estate agencies are optimistic, 40% cautious. 60% of agencies also think the key for Q3 is strategic adjustment; 90% expect looser monetary policy.
iFeng: 房价上涨预期强烈 省会城市成交将攀升
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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