Developers expect house market to stabilize

Investors see decade of risk ahead for real estate

Home price growth slows, further moderation eyed

'No crisis' in housing within a decade

The driving forces for house price rises are different in the first-tier cities, such as Beijing, Shanghai and Guangzhou, Song said.

"There is still room for prices to rise in big cities while property prices in smaller cities, I guess, have entered a stage of adjustment," Song added.

While there have been many predictions of a burst of the property bubble, all three were upbeat about the future.

"The housing market has already arrived at a new starting point for sustainable and healthy development," Feng said.

"Just like today's sunny weather, we should have confidence in the housing market's future," Feng added.

Zhang made more specific forecasts, expecting the property market to remain sound for the next five to eight years, boosted by urbanization and regulation.

The rosy picture was painted just days after official data showed more signs of a cooling housing market. Home prices in major cities grew at a slower pace in February, with fewer seeing month-on-month rises.

Last month, new home prices in 70 major cities rose by an average of 11.1 percent year on year, slowing by 1.3 percentage points from January, while those for existing homes rose 6.4 percent, compared with an average growth of 7.4 percent in January.

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CSRC announces rules for preferred company shares

PBOC denies bailout talks with property developer

China to launch unified property registration

Cash flow problems could lead to developers defaulting

Default 'sign of stress' in property sector

Li Ka-shing sells property in Nanjing

 

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