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Moody's says supportive monetary, regulatory polices to propel China property

Discussion in 'Market News' started by ForexLive, Oct 29, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Moody's latest "China Property Focus" says positive sales momentum for China's property sector will continue into Q4 2015 - Cites supportive monetary and regulatory polices implemented since 2H 2014 "These favorable policies -- including the increased availability of mortgages, as well as lower down payments and funding costs to buyers financing their second homes with bank mortgages -- will support overall sales over the next 12 months and help maintain healthy year-on-year growth into 4Q 2015," says Stephanie Lau, a Moody's Assistant Vice President and Analyst.

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