Chinese Home Price Rise Accelerates in April

No wonder the central government leaned on cities with rising home prices (see: Real Estate Prices Hit Cyclical Peak). New home prices rose 0.6 percent nationally in April.

There have been 120 instances of tightening restrictions this year and more are expected for lower-tier cities.

iFeng: 年内楼市调控已多达120次 重点逐渐向三四线转移
Cities that have not yet introduced further policies have not been idle. In recent days, cities such as Dalian and Kunming have reported news that the property market controls are about to escalate.

Hainan implemented the policy of restricting global purchases on April 22 and was interpreted by the market as the most restrictive purchase policy in history. Whether Haikou and Sanya in the future have further adjustment policies is not yet known.

According to statistics from the Centaline Property Research Center, within the year, as of now, real estate control policies across the country have reached as many as 120 times.

Zhang Dawei said that compared with last year, there have been noticeable changes in the control of urban distribution. In 2017, regulation and control were mainly concentrated in first-tier and second-tier cities. In 2018, regulation and control gradually shifted to third-tier and fourth-tier cities. Cities that had not been regulated in the past have gradually increased and controlled.

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