Best way forward for property recovery high on agenda

By analyzing indicators reflecting the latest real estate sector adjustments, experts issued comprehensive judgment on whether fundamentals are strong enough to support China's property market, reversing the downward trend and bringing about stabilization, and endeavoring to recognize major challenges facing the sector's recovery.

Issues addressed include whether the current adjustments in the real estate sector have come to an end; how to achieve stabilization in the property market; and how to strike a balance between new supply and local government fiscal revenue. These are the questions we need to take into consideration when trying to chart a course forward for achieving property market stability.

Logically, the real estate market turnaround should start from the stabilization and rebound of the property sales' growth rate, and the recovery in sales will facilitate price stabilization and then drive up property investment.