In the first one months of 2010, housing sales in 70 large and medium-sized cities in China rose 9.5% per cent year-on-year, up 1.7% from last December. Sino-New Society, Tai, Beijing, February 11 (Xinhua) Despite the official frequent offering of macro-adjustment tools, the "high fever" of the Chinese property market remains to be seen. In the first one months of 2010, housing sales in 70 large and medium-sized cities in China rose 9.5% per cent year-on-year, up 1.7% from last December. Hainan Construction of the international tourism Island to stimulate the news, Haikou's new house prices to 35.1% year-on-year rise in all cities pulled the top. This is the eighth consecutive month of China's housing prices rose. The State Development and Reform Commission and National Bureau of Statistics announced 11th, 70 cities, January new housing sales prices compared with the same month last year rose 69. In addition to the housing price "one day a rise" Haikou and Sanya (31.2%), Guangzhou, Wenzhou, Beijing, Yinchuan, Shenzhen, Kunming, Hangzhou and many other cities in the month of the new house price increases are also in double digits. Second-hand housing price is also a general rise pattern, only a city of Quanzhou a slight decline. 29.5% of the month's increase in Haikou to become the second-hand housing market "King", followed by Sanya (27.5%), Shenzhen (24.9%), Wenzhou (18.7%), Hangzhou (14.1%) and other cities. Fortunately, in the intensive macro-adjustment measures, the property market "high fever" although short Neinian retreat, but the illness seems to have eased. 70 large and medium-sized cities nationwide housing sales prices ended 10 consecutive months of rising trend, the soaring prices began to slow down the pace. In January, the prices of these large and medium-sized cities rose by 1.3% per cent, or 0.2% lower than last December. A series of real estate regulatory policies since the end of last year have led to a growing market wait and see sentiment. In the first month of the new Year, about 90% of China's major cities fell, according to recent monitoring data published by the China Index Institute. In the first week of February, the number of cities in 34 key cities fell by 21, and the proportion continued to expand. However, for the future trend of Chinese house prices, bullish majority. Since the new year, all over the "king" is still "wind" frequency, and state-owned enterprises to become the main force. Analysts here said that the rise in land prices and strong financial strength of state-owned enterprises to intervene in the industry, it is bound to let the price rise as expected.
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