House price trends in 2015 are forecast: House prices will pick up in the third quarter

China Paint Network
: April 8 release of the "China Investment Development Report" predicted that the real estate market in 2015 will usher in a bottom rebound, housing prices will start to rebound around the third quarter, but there will be divisions between cities.
April 8, the China Investment Research Institute and the Social Science Literature Press jointly held a seminar on industrial investment opportunities under the new normal in Beijing, at which the Investment Blue Book on China's Investment Development, a blue book on the development of investment in China, was released.
" 2015 real estate market will usher in a bottom rebound. "This report predicts that from the point of view of commercial housing supply, in 2014 the new commercial housing construction area negative growth, construction area growth at a low rate, therefore, in 2015 the growth rate of new commercial housing will be reduced, real estate inventory peak will peak in the second half of the year."the
report notes that in 2015, first home purchases and improved demand for residential properties that have been suppressed over the past two years were stimulated by the lifting of residential restrictions, lower interest rates and looser lending policies, and that real estate sales will gradually come out of the doldrums and are expected to grow positively year-on-year in the second half of the year.Zhang Zhixuan, deputy editor-in-chief of the
report and a senior researcher at the China Construction Investment Research Institute, said commercial housing was affected by the rebound in sales and prices were expected to start to pick up around the third quarter of this year, but there would be divisions between cities.
Specifically, due to the release of rigid demand suppressed in the past few years, supply and demand contradictions will soon ease, inventory will start to fall in the second half of 2015, prices will rebound, but the increase is relatively limited;
report said that in terms of real estate policy, 2015 will continue to care for reasonable housing needs, the government will continue to give preferential support in the areas of mortgage quotas, housing subsidies, tax relief and so on.
on commercial real estate, the report said that investment continued to grow at a relatively fast pace in 2014, but at a slower pace, so supply of commercial real estate will continue to increase in 2015 and inventories will rise further. As a result of the slow economic recovery, sales will continue to grow negative year-on-year, vacancy rates have increased, and commercial real estate is expected to continue to fall in 2015 as a result of oversupply in terms of transaction prices.