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Taking homes under construction into account, China's housing inventory would hit 5.87 billion square meters by the end of last year, requiring at least five years to clear, Xia Dan, an analyst with Bank of Communications said in a report to clients.
Economist Ma Guangyuan believes prices in first-tier cities will continue to rise, but huge increases will not be sustained because the market is close to saturation.
Since 2013, China has rolled out reform measures of uNPRecedented amount and strength. Now it is a pressing job to implement these reforms, according to a statement released after the meeting.
We provided housing support through the provision of both physical housing and rent subsidies, and carried out trials of developing and operating public rental housing through PPP models. We supported the renovation of 6.01 million homes in run-down urban areas and 4.32 million dilapidated rural houses.
It also urged military forces and police forces to contribute more to the realization of the two centenary goals and the Chinese dream of the great rejuvenation of the Chinese nation.
来源：资阳报