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Experts from the Ministry of Housing and Urban Rural Development have given reassurance about supply in the real estate market. They say the supply and demand imbalance will be reversed in the second half of this year and the first half of next year.
The policy of regulation and control will end the property developers' profit from stockpiling. Real estate enterprises will have to rely more on products and brand advantages. A great number of commercial residences will come onto the market in the second half.
At the same time, developers will have a strong demand for capital. They say the government will maintain the stability policy in the second half, and continue to carry out the policy of the State Council, which has pledged to restrain property prices.