The data show: housing prices will soon be back to 20%-30%

China Real Estate Research Center released yesterday, "Regulation of New Deal interpretation and future trend analysis," the report predicts that house prices will be a short-term correction of 20% to about 30%. The center data show that as of April 25, Beijing in April, the month to obtain a sales license of 21, compared with the March period of 18, rose 16%, while the sales rate was significantly lower, the month sales rate of only 12.1%, compared to the March sales rate of the pre-sale project 37.8%, the decline reached 68%. April Pre-sale project deals only 695 sets, compared to March month pre-sale project transactions 3237 sets of decline up to 78%. Turnover of the first mate shrank, according to this situation, housing prices are expected to soon callback 20% to 30%. However, the center believes that this round of macro-control for the supply and demand relationship improvement and no qualitative leap. In the long term, according to the relationship between GDP per capita and real estate price, based on the current rapid growth of China, real estate prices and trading volume are still in the rising channel, but will be converted from the original accelerated increase to a deceleration.