although the real estate market is not optimistic

Beijing 16 June, the National Bureau of statistics data

people.com.cn display, at present a lot of city National signs the volume or price Qi. Many real estate experts in Tsinghua University Wudaokou Finance Institute held recently in "financial everyone on that," China's property market has bid farewell to the gold for ten years, entered a period of adjustment, but the possibility of the collapse of the property market is zero, in view of the current stock too high, most of the city can consider to cancel the purchase, even let loose the two set of housing.

price adjustment endanger macroeconomic data

"the current real estate without doubt has entered the inflection point, the real estate gold has in the past ten years, the next Is it right? Silver ten years not to say. In this regard, the adjustment period of the industry as a whole has come." JP Morgan chief economist Zhu Haibin speaking to China real estate market fears.

the National Bureau of statistics data show, April 70 large and medium-sized city residential sales price decline in the city Cheap Colts Jerseys continue to increase, and the first regional prices. China Index Research Institute data show, in May this year, the country's 100 city new residential average price fell 0.32%, was 2012 since June successive increases 23 months after the first down.

the drop in housing prices whether there will Cheap Bengals Jerseys be the risk of the financial system, Zhu Haibin think, house prices sharply collapse possibility is almost zero, although entered a period of adjustment, but the price is more likely a mild adjustment.

Zhu Haibin that should worry more about the risk of macro economy, along with the adjustment of the real estate, real estate investment decline, land leasing decline, is Cheap Patriots Jerseys bound to affect the economic growth. Zhu Haibin said, our goal this year is 7.5%, if the real estate adjustment too fast, this year the 7 does not necessarily preserve, Cheap Chargers Jerseys below 6 may have.

Zhu Haibin analysis, the main reason lies in the real estate decline this year GDP growth, or that fixed asset investment growth slowdown, real estate investment accounted for Cheap Lions Jerseys 25% of fixed asset investment, rate of contribution to GDP is about 12% to 13%, plus some relevant industry, accounting for about 20% or so.

in the past five months of data, the real estate investment growth from last year's growth rate of 20% is back to around 14%. Zhu Haibin said, he had a simple calculation, real estate growth if fell 5%, the effect on GDP is about 0.6 percentage points, that is to say if the growth rate of real estate from 20% down to 5% growth, so the impact on GDP is about 1.8%, therefore, the price adjustment to the macro economic influence great, can not ignore the risk.

prices crash was zero

although the real estate market is not optimistic, but the possibility of a house price crash is almost zero, prosperous China fund President Li Wanming analyzed this possibility from three aspects.

China real estate for the growth, people's livelihood, employment security has a very important role, is irreplaceable. Li Wanming think, real estate and related industries to G>