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In September, the month-on-month decline in housing prices in 70 cities narrowed, enhancing the signal of real estate "stabilizing after the decline".
①In September, the selling prices of residential commodities are still in a downward trend, however, the downward trend has slightly slowed down, showing initial signs of improvement; ②Analysts predict that in October, the price declines of new and second-hand houses in 70 cities will further narrow.
Trending Industry Today: SUNAC Leads Gains In China Mainland Real Estate Stocks
Some mainland real estate stocks rebound, sunac (01918) up 5.8%. The Ministry of Housing and Urban-Rural Development expects positive real estate data for October, with institutions bullish on the government's determination.
Golden Finance News | Some mainland real estate stocks rebounded, with Sunac (01918) up 5.8%, R&F Properties (02777) up 5.36%, Radiance Holdings (09993), Shimao Group (00813), Logan Group (03380), China Jinmao (00817) up more than 2%. On the news front, on October 17, the State Council Information Office held a press conference on promoting the stable and healthy development of the real estate market. Minister of Housing and Urban-Rural Development Ni Hong expressed at the press conference that from the market feedback, in many cities and projects, the number of property viewings and visits has significantly increased, and sales volume has also experienced varying degrees of growth, in the real estate sector.
Citic Securities: Repurchasing land to reduce market supply, increasing core urban demand for monetary resettlement.
Monetized relocation of urban villages is also beneficial for increasing short-term market demand.
Hong Kong stock market anomaly | Most mainland real estate stocks rebounded, real estate market policies accelerating implementation. Many places are intensively introducing bullish real estate policies.
Mainland real estate stocks rebounded in majority, Sunac (01918) rose by 7.59% to HKD 2.41; r&f properties (02777) rose by 5.81% to HKD 1.64; Zhongliang Hldg (02772) rose by 3.91% to HKD 0.133.
Hong Kong stocks concept tracking | Real estate whitelist crediting scale expansion is bullish for stabilizing the industry chain (with concept stocks)
The expansion of the support amount for the 'white list' in this project helps to further alleviate delivery risks.
Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low
吉星天府 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html