Ren Zhiqiang said that the regional trend of housing prices in August will intensify

Huayuan Real Estate (600743.SH) Chairman Ren Zhiqiang, August 5 at a forum held in a banking system, said that after August this year, the domestic real estate market will certainly appear supply growth, which will allow the market trend differentiation intensified.　　He said the data show that as of the end of June housing vacancy is 100 million square meters, the backlog is very clear, but this does not mean that prices will be a substantial decline. Ren Zhiqiang believes that local housing prices will show the trend of differentiation, some local housing prices fall, some places will rise. In particular, the past population outflow is relatively large, and now the population of the region, such as Anhui, northeast and some other cities, housing prices are likely to be due to the large influx of population growth, and the eastern population of the larger cities, there is a possibility of decline.