皇冠体育app

Economy

皇冠体育app won't relax property measures

(Agencies)
Updated: 2010-08-02 11:19
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皇冠体育app won't relax property measures until they have effectively controlled home prices, the 皇冠体育app Securities Journal reported today, citing Wang Juelin, deputy director of the policy research center at the Ministry of Housing and Urban-Rural Development.

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Most cities have been slow in issuing policies to rein in local property markets, the newspaper reported, citing Wang. 皇冠体育app also needs to increase the supply of homes, Wang was cited as saying.

The government needs to maintain the stability of policies to reduce expectations that efforts to rein in the property market will be relaxed in the second half, the newspaper reported, citing Wang. Many individuals are refraining from buying now as they expect policies to be relaxed in the second half, Wang was cited as saying.