CASS Sees Single Digit Home Prices Increase in 2018

iFeng: 预计2018年商品房价涨3.7% 住宅涨4.2%
hinese Academy of Sciences Research Center forecast released the "2018 Chinese real estate industry trends Outlook" forecast. The report predicts that in real estate prices, it is expected 2018 commercial housing sales price for 8122 yuan / square meter, an increase of 3.7%, an increase over 2017 by about 1.0 percentage points, the average residential sales price rose 4.2% compared with 2017, an increase of compared with 2017 decreased by about 1.3 percentage points.

2017 in the presence of downward pressure on the economy, influenced by short-term control policies, the housing needs of first-tier cities and some second-tier cities have been effectively curbed, market price stabilization in some areas prices have come down, market transactions and third tier cities more active. 2018 macroeconomic still many uncertainties, the real estate market is still in a down cycle, the interaction of many factors that influence the development trend of China's real estate market.

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