Ningbo Development and Prospect of the real estate market

 (The connected articles)
three, Ningbo real estate market trend in the next step.
2008   9 signs that since January, Ningbo real estate market is experiencing a period of adjustment. To reproduce the previous years, the nine silver ten crunch and the mortgage loans are strictly implemented, analysis of the current economic situation in Ningbo, there are three major constraints:
first stop this year's stock market turmoil, many investors trapped in, and has reduced the stock of hot money flows to the property market. since the spring, the stock market has been volatile , especially the . the stock market downturn, leading to fishing in the stock market had wanted a vote of shareholders, unable to escape, some of the money can flow to the property market, set in the stock market could not move.
Second, the appreciation of the RMB against the U.S. dollar, the rapid depreciation in the country, Double suppress foreign trade companies. Ningbo, the main force in the high-end real estate purchase is the foreign trade enterprises of small and medium employers. Since late last year, a sharp appreciation of the RMB against the U.S. dollar, export profits substantially reduced, while the domestic raw material prices, labor costs, resulting in exports increased costs, reduced ability to export. Many small foreign trade companies fail to close.
third is caused by the U.S. subprime mortgage crisis in the financial crisis, so take some time before the improvement of the macroeconomic environment in China. China is the world's fourth largest economy, are increasingly integrated into the world economy inevitably affected by the financial crisis and the impact, and just in time from the overheated investment in Chinese real estate market,cheap UGG boots, real estate is expected to rise, prices of non-normal market prices adjusted to the normal critical period. Although twice the People's Bank adjust financial policy to prevent the economy from recession, too. but because of the real estate market, the overdraft had been even, or because of rising too fast, too much, the duration is too long, or there are more reasons, macro- economic environment directly affects the real estate market improved. Ningbo housing market can not be immune to the macroeconomic environment is also subject.
by many of the above factors, the next step will show the trend of the property market following characteristics:
(a ) lower property prices will continue for some time.
property developers not only broke loose, to buy up not to buy or psychological, so everyone is afraid of high disk access. Thus, in September after the price of individual real estate hot scenes,UGG bailey button, I am afraid is a temporary phenomenon, but also hold out the actual home buyers accounted for the majority, and from 9 terms of the actual number of transactions in January, only the basic and the previous month. developers and consumers on purchasing power and price levels are still a death game: developers that their funds have not yet close to the breaking chain, but also a resistance; consumers believe that panic selling is yet to come, developers are still monitor the last drop. this time will last long, according to European and American real estate adjustment cycle information, the majority of 3 - 5 years, China's real estate market,bailey UGG boots, development time short, the accelerated urbanization process, the market needs a lot of rigidity has not been met, therefore, a little shorter than the cycle is estimated at 2 - 3 years. Ningbo this year to analyze and compare real estate sales, the current round of adjustment From the end of 2007, is expected to last until the end of 2009 or even 2010.