Housing construction to set the tone: increase the supply of stable prices

It is suggested to strengthen credit support for ordinary housing construction and strictly implement individual housing loan policy according to Beijing, July 15, Xinhua Housing Ministry of Urban and Rural construction officials said yesterday, in view of the current real estate market operation, the next step is to seriously implement the various regulatory policies, and focus on stabilizing market confidence and expectations,　　Stabilize real estate investment, promote stable and healthy development of real estate market.　　According to the person in charge, the specific measures have three aspects, one is to strengthen the supervision and management, to ensure the completion of this year's work of secure housing projects, focus on supervision of the annual Plan implementation, construction land implementation, capital use, project construction management and so on. Second, continue to stabilize real estate investment.　　The Ministry of Housing and Urban Construction advises commercial banks to increase credit support for low-cost, medium-and small-scale ordinary commodity housing construction and new projects according to credit principles and regulatory requirements. Third, continue to strengthen the real estate market monitoring and analysis, to strengthen the classification of guidance. Strengthening the focus on Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou and other hot Cities real estate market new situation and new problems analysis and guidance, urging it to strengthen two-way adjustment of supply and demand, increase land supply, guide the development of enterprises to accelerate investment construction, strict implementation of individual housing loan policy, reasonable accommodation needs, and strive to stabilize house prices,　　Promote the steady and healthy development of the real estate market. The official said that the first half of the real estate market steady rebound mainly in three aspects, first of all, housing transactions active, some of the city turnover doubled.　　The first half of the country's new commodity housing sales 315 million square meters, an increase of 33.4%, the increase than the first quarter of this year increased 24.7%. Performance of the second, real estate development investment growth gradually rebounded.　　The first half of the year, the National Real estate development investment 1.4505 trillion yuan, an increase of 9.9% per cent, increased by 5.8%. Performance of the third, housing prices slowed down year-on-year, the monthly chain continues to rise.　　June 2009, 70 large and medium cities new commodity housing prices rose by 0.8% per cent on a month-on-month increase, up 0.1% from last month. The person in charge said: "This has been 4 consecutive months of rising, and accelerated trend." It is to be noted that, in the two quarter, in some big cities in the east, new commodity housing and second-hand housing prices rose faster. "Housing urban and rural Ministry of construction at the same time, the first half of this year, has started low-rent housing construction 1.05 million sets, accounting for 59% of the plan, the planned investment of 104.8 billion yuan, has completed investment of 31 billion yuan."