2018-07-06

下半年: New Home Sales Expected to Rise Amid Developer Credit Crunch

iFeng: 调控进入新阶段 “反炒房”控房价
At this point, the property market regulation has entered a new stage of “anti-speculation”.

The industry generally believes that the policy in the second half of the year is still tight. Yang Hongxu, deputy dean of the Yiju Research Institute, said: "There will be some cities that have successively introduced policies to curb housing prices. The market will usher in a real turning point in the second half of this year. On the one hand, the sales growth rate of the new housing market in the country will change from positive growth to negative growth. After the rectification of this market order, these hot cities will also include a tightening of funds for sheds and a real market turning point in the second half of the year."

Jones Lang LaSalle's analysis report pointed out that developers' financing channels are affected by credit policies, and it is expected that residential developers' funds will face greater pressure. In this context, it is expected that developers will be the primary task in the second half of the year, and the sales price of first-hand houses is expected to rise.

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