From Ifeng:
In April the country part of the city property market regulation effect is obvious. Yesterday, the latest report shows that April 1 – 15, 50 typical cities of new commercial housing turnover of 12.86 million square meters, the chain of 15 days before the 4% reduction, down 22%. The industry is expected in April the second half of the market trading volume will continue to decline, the monthly market volume of 50 cities or the chain fell nearly 10%.
Data show that 50 cities, has introduced the purchase, limited loans, restricted sales and other control policies of the 23 cities in the market trading downturn is more obvious. April 1 – 15, the 23 cities of new commercial housing transaction area of 5.85 million square meters, the chain of 15 days before the 16% reduction, down 27%. It is expected that as the policy effect continues to be released, subsequent declines will continue to expand.
