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HA: Housing prices in big cities are expected to fall by about 10%

Source: Internet
Author: User
Keywords Big city Ha
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Beijing, the chief economist and managing director of China Certificate Network news, said 29th that the city's housing prices are expected to fall by about 10% per cent year-on-year. "On the trend, on wisdom and on the road" sponsored by the China Securities Association in 2010 the launching ceremony of the China Securities Industry Association's Investor Education and Service tour activity and Beijing special session said that the change in house prices is the first decline in turnover, prices followed by the drop. Housing prices in big cities such as Beijing and Shanghai are expected to fall about 10% per cent year-on-year. As the average price of new house is likely to be distorted, he said that a drop of 10% refers to second-hand housing prices. If you look at the chain, the decline is even greater.

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