|
BEIJING, Sept. 20 (Xinhuanet)-- Chinese Ministry of Construction urged China's local governments to strengthen control over rising housing prices.
According to a real estate market
report released by the Ministry of Construction here Monday, the average housing
price nationwide in China during the January-August period reached 2,749 yuan
per square meter, a year-on-year growth of 13.5 percent, up 6.9 percent over the
first quarter of this year.
Officials from the ministry said
the main reason for surging prices is the imbalance of housing structure on the
real estate market.
The ministry said the reduced
supply of economy houses nationwide is the first factor of the imbalance. From
January to August, though the national investment in the economy houses
increased 4.4 percent year-on-year, its proportion among the total real estate
investment dropped from 6.2 percent to 5 percent, and the supply was cut even
more in some places.
In some places, the improper
advertising by housing developers and the media also resulted in temporary rise
of housing prices. Surging prices of land and construction materials also bring
about increasing prices, said the ministry.
To ease the pressure, the
ministry urged all local governments to strengthen adjustment of the real estate
market by increasing the supply of cheaper and affordable houses.
The ministry will also tighten
supervision of all local governments in the control of land supply, and take
steps to cut investment in non-dwelling and luxury houses, and increase the land
supply to low-price houses, so as to solve the problems with the imbalance in
real estate market structure.
The ministry will also offer
proper guidance to consumers for their real estate investment. Enditem
|