Moody's: Outlook for China's residential property market stable in 2017, but regulatory risk remains high
Hong Kong, November 28, 2016-- Moody's Investors Service says that the outlook for China's residential property market in 2017 is stable, but regulatory risk remains high in light of the rapid growth in property and land prices. "We expect the growth in nationwide contracted sales-- in terms of sales value-- to be flat or slightly negative in 2017, against a high base of contracted sales value for 2016. We estimate sales growth of around 25% year-on-year for the full year of 2016," says...
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