Thursday, 4 June 2015

China property sales will rise modestly as government policies start to work

We have changed the outlook on the sector to stable from negative, said Moody's. 


Sales will likely rise 0%-5% year-on-year over the next 12 months — after having fallen in 2014 — as the effects of supportive monetary and regulatory polices implemented since the second half of 2014 start to gather momentum.

 As a result, we have changed the outlook on the sector to stable from negative. 

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