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Via Investing in Chinese Stocks comes the Ministry of Housing:
Turning to the future trend of the real estate market, deputy director of the Committee of Experts on Housing Policy Department of Housing and Gu Yunchang said the forecast will be relatively stable in the second half, growth will slow down. “As housing prices have reached the cycle highs, the real estate market in some cities next year will be negative growth.”
iFeng: 住建部：房价已达周期高位 部分城市将现负增长
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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