Publicado: Aug 23, 2023 13:42
【CITIC Securities: The basic situation of real estate is still in the downward channel and policies are expected to promote stability. CITIC Securities research report pointed out that the sales of commercial and second-hand houses in May, June and July 2023 continued to weaken, triggering market attention. We tracked the trend of real estate sales data from the dimensions of city ring roads, housing types, and community property fees. At present, the sales of new houses are still in the downward channel, while the second-hand house transactions have gradually stabilized; on the financing side, the financing channels of state-owned real estate companies are open. Under the subsequent policy catalysts, the competitive pattern of quality companies in the real estate sector is expected to be optimized.

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