Real Estate Developer Financing Plunges 74pc in First Half

iFeng: 楼市一数据暴跌74% 开发商降价跑量也卖不掉

In this regard, data from Centaline Property Research Center statistics show that in the first half of this year, housing prices continue to decline financing data, where the financing, private placement bonds, corporate bonds, medium-term notes was only 177.18 billion, compared to the same period last year words, then plunged 74% in the same period last year but up to 673.594 billion financing, this decline can only really be described as a shock!

Some analysts see the possibility of more real estate restrictions on the way:

Therefore, this round of the property market cooling, it is estimated will continue for a long period of time, because now the entire housing market, almost do not see any signs of a rebound! Moreover, along with tighter control policies continue to follow-up, you may also re-introduction of some new control policy, which is entirely possible! So, the next property market trend is still cool mainly falling house prices also will soon become the main trend!

Author: 罗臻 http://www.investinginchinesestocks.blogspot.com

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