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Studio discussion: How soon and how much will house prices drop?

07-27-2010 08:57 BJT

Background: It's been 100 days since the government implemented control policies in the real estate market, and the period has seen some changes in China's property sector. The National Bureau of Statistics says average housing prices for new homes in China's 70 major cities rose 11.4 percent in June. The growth rate was down by 1 percentage point compared to May. It's the first drop in growth rate since April 2009. Full story >>

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Now let's get back to Chen Jiahe from Cinda Securities for more analysis.

Q1: Jiahe, everyone's talking about when and by how much housing prices will drop. What do you think?

Q2: 100 days have past since this round of control measures began. Do you think the government has achieved its initial goal?

Editor:Xiong Qu |Source: CNTV.CN

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