Monday, February 6, 2012

129724941985550594_20 - WIL

129724941985550594_20"The magazine Roundup" according to the Beijing times news, January 30, JPMorgan say 2012, China's Economic Outlook report released, expected in 2012 in nationwide House prices fell by an average of 5% per cent, some of which could reach $ 15% per cent decrease in the first-tier cities. Report finds that adjustment is the real estate market in 2012China's largest domestic risks to economic growth.   Supply and demand of housing market boom in the coming months of decline and the decline in house prices might accelerate the trend, if adjustments than faster, could increase macroeconomic downside risks. Report estimates, 2012 House prices fell by an average of 5% per cent in the country, some of which may decrease in the first-tier cities reached15%-20%. However, appear in the property market crash is unlikely, the Government has the ability to prevent House prices tumble. "Author: Caijing Roundup" (Editor: Deng Meiling)

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