China's home prices to remain stable in 2020: report

          Source: Xinhua| 2019-11-30 20:11:04|Editor: huaxia
          Video PlayerClose

          BEIJING, Nov. 30 (Xinhua) -- China's home prices in major cities will remain stable in 2020, said the latest report from the Chinese Academy of Social Sciences (CASS).

          Home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- would hold steady after slightly edging down on average, while that in some places might rise, said the report.

          Second-tier cities will witness both growth and decline in home prices, but radical changes are not likely to occur, according to the CASS.

          In third- and fourth-tier cities, home prices will generally fall.

          The report noted that slower economic growth would affect the speed of urbanization and confidence in the real estate market.

          However, the endogenous impetus of economic growth still exists despite the slower pace, which might lead to the "soft landing" of home prices, said the report.

          The report suggested that the central government insists on the principle that "housing is for living in, not for speculation," and maintain the stability of credit scale in the real estate market. Enditem

          KEY WORDS:
          EXPLORE XINHUANET
          010020070750000000000000011102121385957961
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  色狠狠一区二区三区熟女91 | 亚洲中文字幕一区二区 | 亚洲视频免费在线观看 | 亚洲人AV在线免费观看 | 亚洲免费天堂网站 | 日本美女天天爽夜夜爽 |