China anticipates housing market to remain vigorous| MENAFN.COM

Saturday, 10 December 2022 07:37 GMT

China anticipates housing market to remain vigorous

(MENAFN) China's property market will remain witnessing a solid and healthy progress on the back of sound economic basics and huge housing demand.

Investment in China's property segment hiked 3 percent year on year in 1st two months of 2016, making notable improvement, based on the latest reports.

The development rate was higher than the 1pct jump for the entirety of 2015, plus it marks an end to an ongoing slowing throughout the past two years.

"I am very confident in the development of the sector," stated the nation's minister of housing and urban-rural development at a press conference.

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