Vanke says price rises in individual hot cities will end

April 27 News, Vanke released its 2010 quarterly report in Monday, said the new deal will have a significant impact on the market, individual hot city housing prices will be the rapid rise in the momentum of the end. Vanke believes that compared with the first quarter of the market volume and new wholesale area, the main urban housing supply situation is gradually eased, but the overall market inventory is still low.　　As the country's asset allocation needs are concentrated in a handful of hot cities, housing prices have risen much higher than the country as a whole. In order to curb the rapid rise in housing prices in some cities, a series of stringent policies aimed at curbing speculative house purchases have been introduced recently.　　Vanke said that the introduction of the policy will have a significant impact on the market, individual hot cities, the rapid rise in housing prices will end, the excitement of the spread of other cities will be suspended. On the other hand, because the market is a highly complex system, a change in one factor may trigger a complex chain reaction, coupled with the vast size of China, the development stages and market conditions vary.　　Vanke believes that the industry can end the 2007 years of violent fluctuations, embarked on a healthy and stable development track, will need to verify the facts. It is reported that the former March Vanke total sales area of 1.242 million square meters, sales amount of 15.09 billion yuan, to achieve operating income of 7.5 billion yuan. (June Ping from Shenzhen)