Daily real estate industry updates summary (2024-11-13)
In the last two months of this year, the finance department will take multiple measures to supplement financial resources, ensure key expenditures, and strive to complete the annual budget target tasks. Experts and scholars believe that the incremental financial policies supporting the real estate market are "ready to go", and the issuance of land reserve bonds may be launched within the year. It is also expected that tax policies supporting the real estate market will be introduced in the near future.
The Federal Reserve's 'interest rate cut' fear may suddenly stall! Bloomberg: US CPI inflation data will hit a new high again......
The usa will release CPI data later on Wednesday, with the American media forecasting that inflation is expected to hit a new record high, while the direction of the Fed's interest rate policy remains uncertain.
US CPI to Show Another Firm Reading, Leaving Fed Path Up in Air
Fed Cuts Bring No Relief for Housing -- Market Talk
Daily real estate industry dynamics summary (2024-11-11)
According to the data from the People's Bank of China, at the end of the third quarter of 2024, the balance of RMB real estate loans was 52.9 trillion yuan, a decrease of 1% year-on-year. Among them, the balance of RMB real estate development loans was 13.79 trillion yuan, an increase of 2.7% year-on-year, with a growth rate 1.2 percentage points higher than the end of the previous year, increasing by 638.5 billion yuan in the first three quarters. The balance of personal housing loans was 37.56 trillion yuan, a decrease of 2.3% year-on-year.
Playing PulteGroup Stock as Fed's Rate Cut Sparks Housing Boost