Aug 19, 2021 09:15 AM (GMT+8) · EqualOcean
CITIC Securities said that in 2021, the sales of commercial houses may increase slightly and positively year-on-year, and enterprises may significantly increase their sales in the fourth quarter. Overall, the land market will cool significantly in the second half of 2021, and the annual land transfer fee may be close to 0 growth. As the land transfer structure is biased towards high-speed cities, the corresponding land transfer area may decline significantly year-on-year. Land transfer bid farewell to the pure high price, which will mean that the profitability of some real estate companies will see the bottom.

This text is a result of machine translation.