BEIJING, March 18 (Xinhua) -- China's property market in major cities has stabilized as authorities move to curb price rises.
Of 70 large and medium-sized cities surveyed in February, more than half of them saw month-on-month price declines or rises less than 0.5 percent for new residential housing, according to the National Bureau of Statistics (NBS).
Among them, 12 saw a price drop, with new residential housing prices in two cities flat in February, said NBS senior statistician Liu Jianwei.
Another 19 cities saw home price gains higher than 0.5 percent last month.
New residential home prices in first-tier cities such as Beijing and Shanghai rose 0.1 percent on average in February, while second-tier and third-tier cities registered price gains of 0.3 percent and 0.4 percent, respectively.
On a year-on-year basis, February gains in 20 cities decelerated from January, added Liu.
"Sales of newly-built homes in 15 major cities including Beijing, Shanghai, Guangzhou and Shenzhen slowed in February on the back of targeted local government policies," Liu said.
Since October last year, dozens of Chinese cities have announced measures including purchase limits and mortgage restrictions to prevent prices from rising out of control.
The latest round of restrictions came after two years of policy easing, starting with relaxation of purchase restrictions in 2017 and fueled by the pro-growth policies, including interest rate cuts.
Many third-tier and fourth-tier cities have excess supply in their real estate markets, while housing prices in some bigger cities with access to better education and medical services are moving swiftly upward.
"We will take more category-based and targeted steps to regulate the real estate market," read a government work report delivered at the annual parliamentary session earlier this month.
Saturday's survey comes on the heels of new measures in major cities. Beijing is raising the minimum down payment for second home buyers and those who have no home in Beijing but have housing loan records.
The latest tightening will curb some speculation and housing prices in some areas of Beijing may fall, predicted Zhang Dawei, analyst with real estate agency Centaline.
In a similar vein, the southern Chinese city of Guangzhou has also restricted house purchases through minimum down payments for second home buyers.
2009中考英语词汇表 系列W
2009中考英语词汇表 系列O
2009中考英语词汇表 系列N
2009中考英语词汇表 系列H
2009中考英语词汇表 系列R
为英语写作”画龙点睛“的24句谚语
2009中考英语词汇表 系列YXZ
从奥巴马演讲词看英语写作词汇的应用
09年中考英语总复习经典习题讲解1一冠词
初中英语常用词组1 动词词组
09年中考英语总复习经典习题讲解5一代词
中考英语词汇“for短语”全攻略
“爱”成中学生作文出现频率最高词汇
2009最新中考英语单项填空模拟考试卷 附详解答案
中考英语词汇--“美味水果”大聚会
09年中考英语总复习经典习题讲解3一冠词
09年中考英语总复习经典习题讲解4一数词
2010年中考英语词汇旧词新义:cause
常用英语词语辨析105组(5)
高中英语词汇:80后“A到Z”生存法则
2009中考英语词汇表 系列S
常用英语词语辨析105组(4)
初中英语 词缀记忆法
英乐时空Here I Am
09年中考英语总复习经典习题讲解2一名词
初中英语常用词组复习1
张惠妹《排山倒海》英文版
2009中考英语词汇短语集锦 (1)
2009中考英语词汇短语集锦 (2)
2009中考英语词汇表 系列T
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |