(The following statement was released by the rating agency) Link to Fitch Ratings' Report: China Residential-Property Market Forecast (2016-2030) here HONG KONG/SHANGHAI, August 07 (Fitch) Fitch Ratings says that China's housing demand will remain relatively resilient over the next 15 years through 2030.
The volume of new commodity homes to be sold and completed will fall, but the magnitude of the decline is likely to be modest on an annualised basis. However, short-term market volatility will persist, driven by factors that result in volume and price fluctuations. Fitch forecasts that China would n...
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