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Shaoxing in east China's Zhejiang Province and Taiyuan in western Shanxi are the latest Chinese cities to have loosened home purchase restrictions1.
Over half of the cities that imposed restrictions three years ago to curb2 soaring housing prices have eased those policies in some form.
Housing markets are showing mixed results.
Property sales in Jinan almost doubled last month from the month earlier.
Numbers in some other cities, including Xiamen, remain flat after the policy change.
中国更多城市解除房屋限购
The latest official figures are suggesting new home prices in 100 Chinese cities have dropped over 0.8 percent from June.
For more on the situation, we are joined live on the line by Gao Shang, analyst3 with Guangtong Futures4.
Talk Point:
1. What are the reasons behind the mixed results?
2. In cases like Jinan, is it just the policy change that's working in these cities, or is something else contributing to the increased activity in the property market?
3. As the country has promised more investment in the real estate sector5, is the the property market likely to gain strength in the coming months, or at least stablize?
That was Gao Shang, analyst with Guangtong Futures.
点击收听单词发音
1 restrictions | |
约束( restriction的名词复数 ); 管制; 制约因素; 带限制性的条件(或规则) | |
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2 curb | |
n.场外证券市场,场外交易;vt.制止,抑制 | |
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3 analyst | |
n.分析家,化验员;心理分析学家 | |
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4 futures | |
n.期货,期货交易 | |
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5 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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