Trade Resources Economy House Prices Rose 7.6% Year-On-Year, National Average Price is 6200

House Prices Rose 7.6% Year-On-Year, National Average Price is 6200

In 2013 the average sales price for the national commercial housing is 6200 yuan / square meters, up 7.6% year-on-year.

Looking forward to 2013, the report pointed out that there are many factors affect China's real estate market trends: Firstly, the long-term factors supporting the prices keep rising. Secondly, the short-term supply and demand have some pressure on the house price. Finally, policy factors may push prices down.

In all the factors, it is predicted that commercial housing prices will continue the trend of steady growth in 2013 just like the trend of 2012. Thus need to adhere to the stability and continuity of the real estate control policies, timely and appropriately control it; implement the different housing credit and tax policy strictly, inhibit the speculative investment demand; stable policy expectations, increasing the effective supply of residential land, speeding up the implementation of the measures of structural adjustment, and mining stock residential supply potential.

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Topics: Construction