2015-02-13

Cities See MoM Drop In Housing Inventory in January, Price Turn Expected By The Fall

35 cities in China have seen inventory drop for the first time in 11 months and the data has "escaped danger" now that sales are ticking up and inventory moving lower. Some are more cautious, saying they expect inventory could move up again as new projects come into the market during the heavy holiday selling season, but the general opinion among industry insiders is that the market is turning.

房价上涨一大信号:35城楼市库存11个月首降
Yesterday, the latest data "Securities Times" reporter from Shanghai E-House Real Estate Institute show that as of the end of January 2015, Shanghai E-House Real Estate Institute of monitoring of the total 35 cities in new commercial housing stock is 271.21 million square meters, mom fell 0.7 percent, an increase of 17.1% yoy.

Beijing mortgage rates have come down as well, with mortgage discounts climbing above 7%. Korean bank Woori is offering the largest discount of 15%. 北京首套房贷款平均利率走低 跌破9.3折

No comments:

Post a Comment