Housing supply expected to increase after the next
Source: Internet
Author: User
November 20, the second China Real Estate conference held in Shenzhen. Qin Hong, deputy director of the Center for Policy Research at the Department of Housing and Construction, said that in the context of inflation, the real estate price decline is not possible, but the next the next the housing market supply is expected to increase, housing prices stability can be expected Qin Hong says curbing housing speculation remains a policy theme. "At present, China's residential demand is still in the promotion period, the real estate market capital pricing is stronger than commodity supply and demand relationship." The country's demand for real estate investment will not be eased, Qin Hong said, with more young people and more urban newcomers in the city, and they desperately need to live in cities, a huge demand. At the same time, "Twelve-Five" period must be a period of increase in the security of housing. Qin Hong revealed that the central government increased the supply of land this year, the average annual residential land supply of 50,000 hectares in the past 5 years, and the year is 185,000 hectares, is 2.6 times times last year 70,000 hectares, increased from the source of supply, not simply to fight demand.
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