Cass predicts first-line home price drop 20%

Source: Internet
Author: User
Lu Ying Chinese Academy of Social Sciences released 21st of the study predicted that China's housing prices from the fourth quarter of 2010 to the first half of 2011 year-on-year growth will gradually decline, to the first half of 2011 into the Negative Zone, the current round of macro-control measures will be a 20%-line housing prices down gradually after the relaxation.  Since the second half of 2011, house prices may have bottomed out. The report made the main basis for this judgment is that the next six months, the real estate industry overall financing will tighten, as the real estate market demand continues to maintain low, supply gradually enlarged, supply and demand gap on the role of housing prices will gradually be negative. (Lu Ying)

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