The State Administration of Financial Supervision has set the tone that the property market will be loose in 2024
As the economy continues to grow, the real estate market has become the focus of attention. The State Administration of Foreign Trade has set the tone for the direction of the real estate market in 2024, believing that the real estate market will slow down. What is the basis for this decision? And how will it affect the real estate market?
i.The SAFS's view on the real estate market After an in-depth analysis of the property market, the SAFS believes that the real estate market will show a slowdown trend in 2024. This view is based on the following considerations:1Improving Economic Situation With the gradual recovery of the world economy, the domestic economic situation is also showing a steady upward trend. Economic growth will boost the demand of the real estate market and promote the healthy development of the real estate market. 2.In recent years, a series of policies have been introduced to regulate the real estate market, which has effectively curbed the rapid growth of the real estate market. However, with the development of the economy and the changes in the market, the policy on the property market is gradually adjusting and improving. In the future, the policy environment will be more conducive to the development of the real estate market. 3.With the acceleration of urbanization, more and more people are pouring into cities, and the demand for housing is increasing. This will become a strong support for the development of the real estate market.
2. The impact of a weak real estate market If the real estate market does weaken, it will have the following impacts: 1. Stable housing prices In the context of a weak real estate market, housing prices are expected to remain stable or slightly**. With the increase in demand and political adjustments, the supply and demand relationship in the real estate market will improve. 3.Increased market dynamismIn a more relaxed real estate market environment, developer and home buyer confidence will be boosted and market dynamism will continue to grow. This will help promote the healthy development of the real estate market.