Data Map: Photo by Chen Chao, a reporter from China News Service, a high-rise commercial residential building
China News Service, September 15 (Li Jinlei) Commercial housing sales from January to August were 9694.3 billion yuan, an increase of 1.6%, and the growth rate turned positive.
The spokesperson of the National Bureau of Statistics Fu Linghui analyzed at a press conference on the 15th that with the economic recovery, the real estate market has shown a recovery trend, and the growth rate of commercial housing sales in the previous August has turned positive.
In the face of the impact of the epidemic this year, the government has not used real estate as a short-term economic stimulus, and insisted on its positioning of housing and not speculation.
The recent rebound in real estate is related to the release of pre-depressive demand under the epidemic. It is also affected by the current decline in medium and long-term market interest rates and the reduction of the burden on buyers.
At present, the growth rate of real estate investment and sales is relatively low and has not returned to normal.
There is a foundation for China's real estate market to maintain overall stability in the future.