Cheap Bartosz Kapustka Jersey

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Cheap Bartosz Kapustka Jersey

Сообщение ding2017 » Пн окт 08, 2018 12:27 pm

Data on the Chinese property market released recently showed there is a boom in the market almost across the board. The strong performance in the property market will allow the government to meet its annual growth target set at the beginning of the year and also mitigates the risks of many local government financing vehicles (LGFVs) and delays the risk exposure of China's banking and financial system.


Two indicators - property sales and financing - are worth making particular note of.


Property sales have been brisk. Commercial property sales by floor area grew 25.5 percent year-on-year in the January-August period while residential property sales by floor area were up 25.6 percent. The value of commercial property sales rose 38.7 percent in the same period while the value of residential property sold surged 40.1 percent. The data show that sales of commercial property by floor area and the total value of residential property sales in the first eight months have almost reached last year's annual level. Meanwhile Cheap Lenny Dykstra Jersey , more than 90 percent of residential property sales by value were from homes under construction. This situation shows that China's property sales have hit new highs. It also indicates that Chinese developers are busy selling housing under construction and that reducing inventories is not a concern at all.
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