China says will make housing prices stable, strictly curb speculation

China says will make housing prices stable, strictly curb speculation
Surveillance cameras are seen near residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song

BEIJING : China will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, China Construction News cited the housing regulator as saying on Tuesday, after a flurry of government moves to support the crisis-hit sector.

China will promote home delivery and help to resolve financing risks for property firms, according to the media outlet, headed by the Ministry of Housing and Urban-Rural Development.

 

 

Source: Reuters