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Over 20% of Chinese see homes to cost more
Source: Xinhua |
June 20, 2012, Wednesday
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Print Edition
Print Edition
MORE than a fifth of Chinese residents surveyed by the central bank expect home prices to rise in the third quarter of this year, the People's Bank of China said yesterday.
The survey conducted in the second quarter indicated that 20.4 percent of 20,000 households in 50 cities expect the home prices to rise in the coming quarter, higher than the first-quarter survey's 17.6 percent but lower than the 36.2 percent a year earlier.
Some 15.7 percent of respondents said they have made homebuying plans for the next three months, 1.6 percentage points higher than in the first quarter.
Meanwhile, 68.5 percent of respondents said they believe housing prices are "unacceptably high," up 0.8 percentage point from the first quarter.
The survey conducted in the second quarter indicated that 20.4 percent of 20,000 households in 50 cities expect the home prices to rise in the coming quarter, higher than the first-quarter survey's 17.6 percent but lower than the 36.2 percent a year earlier.
Some 15.7 percent of respondents said they have made homebuying plans for the next three months, 1.6 percentage points higher than in the first quarter.
Meanwhile, 68.5 percent of respondents said they believe housing prices are "unacceptably high," up 0.8 percentage point from the first quarter.
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