Latest News:  


Put housing prices in order

By Yi Xianrong  (China Daily)

08:49, January 14, 2013

Leaders must root out speculation from realty sector and apply sweeping reforms to ensure its healthy development

The developments in China's real estate sector over the past decade indicate that it has been largely swayed by government policies. So to get an idea how the real estate market will perform and whether housing prices will rise or fall in 2013, we should understand the government's housing regulations and the extent to which it will tolerate price rise, instead of only analyzing supply-demand relations.

A look at the current housing market will help us find clues to arrive at a judgment about the possible real estate policies the government will adopt this year. Data from the National Bureau of Statistics indicate that housing prices in 53 of China's 70 large and medium-sized cities increased month-on-month in November, compared with 35 in October.

A recent survey by China's central bank shows that 29 percent respondents believe housing prices will continue to rise in the next quarter - the figure is 10 percentage points higher than a year ago. In fact, rising housing prices have triggered panic-buying in some first-tier cities and attracted some non-real estate enterprises to the housing sector in the hope of making bigger profits.

【1】 【2】 【3】 【4】

We recommend:

Mainland, Taiwan airlines sign co-op contract

Great changes in Zhengzhou railway station

Wanda Group ventures onto the global stage

Sports car makers look to mainland market

Top Ten Economic Events in 2012

'Gold road' laid with gold bars


Leave your comment0 comments

  1. Name


Selections for you

  1. Weekly review of military photos

  2. Defense minister vows to boost cooperation with Macedonia

  3. Parade of 1,000 Polleras held

  4. Life is an education

  5. Smoggy weather engulfs large areas

  6. Some 3,000 job vacancies provided

  7. 1st individual user of grid-connected PV power

  8. Jay Chou promotes new album

  9. Lang Lang performs New Year Concert

  10. TCL puts name on Hollywood

Most Popular


  1. Drinking water safety is not a simple problem
  2. Japan's envisaged 'warning shots' dangerous
  3. When Chinese wives meet American mothers-in-law
  4. Will you leave a city because of cold?
  5. Labor system reform renders salute to Constitution
  6. China's yuan unlikely to appreciate sharply in 2013
  7. Good times gone?
  8. Salaries stifled amid sluggish exports
  9. China to surpass U.S. by 2049: report
  10. Proposed Beijing law seeks data on charities

What’s happening in China

China issues yellow fog alert

  1. Beijing air pollution reaches dangerous levels
  2. 5 dead, 19 injured in SW China coach accident
  3. Survey finds that many Chinese mistrust others
  4. Earthquakes blamed for fatal SW China landslide
  5. Heavy fog hits China's Changchun