Home Business China says will make housing prices stable, strictly curb speculation By Reuters

China says will make housing prices stable, strictly curb speculation By Reuters

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China says will make housing prices stable, strictly curb speculation By Reuters

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© Reuters. Surveillance cameras are seen near residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song

BEIJING (Reuters) – 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.

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