By Liao Yingmin　

Date: 2005/03/02

Abstract:

In 2004, under a series of macro control policies, the growth rate in real estate investment declined substantively, the demand on real estate was brought under control and the supply and demand situation on the market was gradually improved. However, the real estate price in many places is still inflating significantly. In 2005, under a stronger macro control policy, the investment and demand in real estate will grow steadily and price hiking will slow down. The focus of macro control for 2005 should be shifted from the control of rapid investment growth to a balance of supply-demand management in the industry and rested on stabilizing the price of real estate.