Will House Prices Drop in Q4?

Will House Prices Drop in Q4?
Jul 6, 2010 22:26
BAKUI Points: Join Date: Jun 10, 2010 Status: offline	Report form Chinadaily: China’s overheated real estate market may see a big change in the 4th quarter of this year, said a senior land official. “After another 3 months, the market may face a correction and prices will fall. However, it’s hard to predict how much the price will drop.” Xu Shaoshi, minister of land and resources said. Recently, the real estate market has seen sales volumes plummet and prices remain sluggish. Do you think this prediction will really come true? Will you pick up the idea of buying a house again?

Jul 6, 2010 22:26

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Report form Chinadaily: China’s overheated real estate market may see a big change in the 4th quarter of this year, said a senior land official. “After another 3 months, the market may face a correction and prices will fall. However, it’s hard to predict how much the price will drop.” Xu Shaoshi, minister of land and resources said. Recently, the real estate market has seen sales volumes plummet and prices remain sluggish.

Do you think this prediction will really come true? Will you pick up the idea of buying a house again?

Jul 7, 2010 01:02	#1
GUESTDAVE	Seems it will drop a little, but i still cannot afford one.

Jul 7, 2010 02:03	#2
GUESTPEARL	I wann to buy one, but will wait a little longer.

Jul 7, 2010 03:02	#3
ROVER Points: Join Date: Jun 25, 2010 Status: Offline	it's too much high for me as well. Luckily, I'm a rover and i dont need one.

Jul 7, 2010 04:39	#4
DREAMLIFE Points: Join Date: Sep 5, 2007 Status: Offline	Quote: Originally Posted by ROVER it's too much high for me as well. Luckily, I'm a rover and i dont need one. Funny. A rover can never stroll all his life. He also needs a place to sleep. The house prices will not truly drop unless the government decides to solve the root of this problem.

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