China says will make housing prices stable, strictly curb speculation
Surveillance cameras are seen near residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song
BEIJING : China will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, China Construction News cited the housing regulator as saying on Tuesday, after a flurry of government moves to support the crisis-hit sector.
China will promote home delivery and help to resolve financing risks for property firms, according to the media outlet, headed by the Ministry of Housing and Urban-Rural Development.
Source: Reuters
