BEIJING, Oct. 6 -- China's property prices have cooled due to tight controls in major cities and are expected to continue the trend in the short term, a report has said.
"Price growth in first and second tier cities is likely to remain muted in the next six to twelve months as the current tight regulatory measures are unlikely to be loosened," Kaven Tsang, Moody's Vice President and Senior Credit Officer, said in the report.
Home prices in China's four tier-one cities declined for the first time in 2017 by 0.3 percent month-on-month in August after staying flat in June and July, in contrast with the 2 percent to 4 percent average monthly growth recorded prior to September 2016, when the government started a wave of restrictions.
Meanwhile, tier-two cities reported slower month-on-month rises in both new and existing homes.
Nine cities have introduced new regulatory measures recently. In particular, tier-two cities, including Chongqing, Nanchang and Shijiazhuang, are prohibiting newly bought properties from being resold for a fixed period.
The ratings agency believes sales growth also slowed and inventory are piling up. Given the situation, it issued negative rating outlooks for 14 property developers as of the end of September, accounting for more than a quarter of its rated developers.
But Moody's expects the number of negative outlooks to decline modestly in the next 12 months due to recovered sales, improved margins and lower funding costs.
浪漫英文情书精选:Good Morning早上好
啊,我讨厌英语 Gullia Oops Jaime Pas Langlais 这首歌是不是也唱出你的心声了
态度决定一切 Attitude Is Everything
浪漫英文情书精选:Don't Give Up不要放弃
伤感美文:人生若只如初见
献给女性:如果生命可以重来
双语美文:I Wish I Could believe
英文《小王子》温情语录
精美散文:爱你所做 做你所爱
精选英语美文阅读:How selfless real love is 无私的爱
Love Your Life 热爱生活
浪漫英文情书精选:Need You With Me需要你爱我
精选英语散文欣赏:平等的爱
精选英语散文欣赏:微笑挽救生命
浪漫英文情书精选:True Love Of My Life我的真爱
精选英语散文欣赏:月亮和井
精选英语美文阅读:无雨的梅雨天 (双语)
精选英语美文阅读:被忽略的爱 Helpless love
浪漫英文情书精选:I'll Be Waiting我会等你
英语美文:A Psalm of Life 人生礼颂
美文:爱的奇迹
精选英语美文阅读:哪有一株忘忧草? (双语)
精选英语美文阅读:一封未发出的英文情书《但是你没有》
浪漫英文情书精选:My Heart And Soul我的灵魂
精选英语美文阅读:朋友的祈祷
如果生命可以重来(双语)
美文阅读:青春物语
双语美文欣赏:孤独人生
浪漫英文情书精选:Boundless Love无边的爱
双语美文:What are you still waiting for?
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |