国内英语资讯:Home price growth to remain muted on purchase curbs: report
<p><span word="BEIJING">BEIJING</span>, <span word="Oct">Oct</span>. 6-- <span word="China">China</span>'<span word="s">s</span> <span word="property">property</span> <span word="prices">prices</span> <span word="have">have</span> <span word="cooled">cooled</span> <span word="due">due</span> <span word="to">to</span> <span word="tight">tight</span> <span word="controls">controls</span> <span word="in">in</span> <span word="major">major</span> <span word="cities">cities</span> <span word="and">and</span> <span word="are">are</span> <span word="expected">expected</span> <span word="to">to</span> <span word="continue">continue</span> <span word="the">the</span> <span word="trend">trend</span> <span word="in">in</span> <span word="the">the</span> <span word="short">short</span> <span word="term">term</span>, <span word="a">a</span> <span word="report">report</span> <span word="has">has</span> <span word="said">said</span>.</p><p>"<span word="Price">Price</span> <span word="growth">growth</span> <span word="in">in</span> <span word="first">first</span> <span word="and">and</span> <span word="second">second</span> <span word="tier">tier</span> <span word="cities">cities</span> <span word="is">is</span> <span word="likely">likely</span> <span word="to">to</span> <span word="remain">remain</span> <span word="muted">muted</span> <span word="in">in</span> <span word="the">the</span> <span word="next">next</span> <span word="six">six</span> <span word="to">to</span> <span word="twelve">twelve</span> <span word="months">months</span> <span word="as">as</span> <span word="the">the</span> <span word="current">current</span> <span word="tight">tight</span> <span word="regulatory">regulatory</span> <span word="measures">measures</span> <span word="are">are</span> <span word="unlikely">unlikely</span> <span word="to">to</span> <span word="be">be</span> <span word="loosened">loosened</span>," <span word="Kaven">Kaven</span> <span word="Tsang">Tsang</span>, <span word="Moody">Moody</span>'<span word="s">s</span> <span word="Vice">Vice</span> <span word="President">President</span> <span word="and">and</span> <span word="Senior">Senior</span> <span word="Credit">Credit</span> <span word="Officer">Officer</span>, <span word="said">said</span> <span word="in">in</span> <span word="the">the</span> <span word="report">report</span>.</p><p><span word="Home">Home</span> <span word="prices">prices</span> <span word="in">in</span> <span word="China">China</span>'<span word="s">s</span> <span word="four">four</span> <span word="tier">tier</span>-<span word="one">one</span> <span word="cities">cities</span> <span word="declined">declined</span> <span word="for">for</span> <span word="the">the</span> <span word="first">first</span> <span word="time">time</span> <span word="in">in</span> 2017 <span word="by">by</span> 0.3 <span word="percent">percent</span> <span word="month">month</span>-<span word="on">on</span>-<span word="month">month</span> <span word="in">in</span> <span word="August">August</span> <span word="after">after</span> <span word="staying">staying</span> <span word="flat">flat</span> <span word="in">in</span> <span word="June">June</span> <span word="and">and</span> <span word="July">July</span>, <span word="in">in</span> <span word="contrast">contrast</span> <span word="with">with</span> <span word="the">the</span> 2 <span word="percent">percent</span> <span word="to">to</span> 4 <span word="percent">percent</span> <span word="average">average</span> <span word="monthly">monthly</span> <span word="growth">growth</span> <span word="recorded">recorded</span> <span word="prior">prior</span> <span word="to">to</span> <span word="September">September</span> 2016, <span word="when">when</span> <span word="the">the</span> <span word="government">government</span> <span word="started">started</span> <span word="a">a</span> <span word="wave">wave</span> <span word="of">of</span> <span word="restrictions">restrictions</span>.</p><p><span word="Meanwhile">Meanwhile</span>, <span word="tier">tier</span>-<span word="two">two</span> <span word="cities">cities</span> <span word="reported">reported</span> <span word="slower">slower</span> <span word="month">month</span>-<span word="on">on</span>-<span word="month">month</span> <span word="rises">rises</span> <span word="in">in</span> <span word="both">both</span> <span word="new">new</span> <span word="and">and</span> <span word="existing">existing</span> <span word="homes">homes</span>.</p><p><span word="Nine">Nine</span> <span word="cities">cities</span> <span word="have">have</span> <span word="introduced">introduced</span> <span word="new">new</span> <span word="regulatory">regulatory</span> <span word="measures">measures</span> <span word="recently">recently</span>. <span word="In">In</span> <span word="particular">particular</span>, <span word="tier">tier</span>-<span word="two">two</span> <span word="cities">cities</span>, <span word="including">including</span> <span word="Chongqing">Chongqing</span>, <span word="Nanchang">Nanchang</span> <span word="and">and</span> <span word="Shijiazhuang">Shijiazhuang</span>, <span word="are">are</span> <span word="prohibiting">prohibiting</span> <span word="newly">newly</span> <span word="bought">bought</span> <span word="properties">properties</span> <span word="from">from</span> <span word="being">being</span> <span word="resold">resold</span> <span word="for">for</span> <span word="a">a</span> <span word="fixed">fixed</span> <span word="period">period</span>.</p><p><span word="The">The</span> <span word="ratings">ratings</span> <span word="agency">agency</span> <span word="believes">believes</span> <span word="sales">sales</span> <span word="growth">growth</span> <span word="also">also</span> <span word="slowed">slowed</span> <span word="and">and</span> <span word="inventory">inventory</span> <span word="are">are</span> <span word="piling">piling</span> <span word="up">up</span>. <span word="Given">Given</span> <span word="the">the</span> <span word="situation">situation</span>, <span word="it">it</span> <span word="issued">issued</span> <span word="negative">negative</span> <span word="rating">rating</span> <span word="outlooks">outlooks</span> <span word="for">for</span> 14 <span word="property">property</span> <span word="developers">developers</span> <span word="as">as</span> <span word="of">of</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="September">September</span>, <span word="accounting">accounting</span> <span word="for">for</span> <span word="more">more</span> <span word="than">than</span> <span word="a">a</span> <span word="quarter">quarter</span> <span word="of">of</span> <span word="its">its</span> <span word="rated">rated</span> <span word="developers">developers</span>.</p><p><span word="But">But</span> <span word="Moody">Moody</span>'<span word="s">s</span> <span word="expects">expects</span> <span word="the">the</span> <span word="number">number</span> <span word="of">of</span> <span word="negative">negative</span> <span word="outlooks">outlooks</span> <span word="to">to</span> <span word="decline">decline</span> <span word="modestly">modestly</span> <span word="in">in</span> <span word="the">the</span> <span word="next">next</span> 12 <span word="months">months</span> <span word="due">due</span> <span word="to">to</span> <span word="recovered">recovered</span> <span word="sales">sales</span>, <span word="improved">improved</span> <span word="margins">margins</span> <span word="and">and</span> <span word="lower">lower</span> <span word="funding">funding</span> <span word="costs">costs</span>.</p>
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