agency: the real estate market is expected to see marginal improvement in the fourth quarter
2024-10-04
한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
[agency: the real estate market is expected to see marginal improvement in the fourth quarter] financial news agency, october 4th, china index research institute released the "china real estate market summary and trend outlook for the third quarter of 2024", which pointed out that at the end of september, the central government's series of measures effectively it has boosted market confidence. if various policies are strengthened and implemented quickly, the market is expected to see marginal improvement in the fourth quarter. however, considering that it will take some time to change the medium- and long-term factors such as income and employment that affect residents’ ability and willingness to buy homes, it is expected that the market will continue to bottom out in the short term. the sales area of new commercial housing throughout the year may fall back to about 930 million square meters, a year-on-year decrease of about 15%-18%. the stabilization of the investment side is expected to lag behind the sales side, so construction investment may continue low operating situation. in addition, the performance in the fourth quarter of this year is also crucial to next year's real estate expectations and trends, which means that relevant measures need to be implemented in the early fourth quarter to form a synergy to form a strong support for the stabilization of the market next year.