Moody's latest "China Property Focus" says positive sales momentum for China's property sector will continue into Q4 2015
- Cites supportive monetary and regulatory polices implemented since 2H 2014
"These favorable policies -- including the increased availability of mortgages, as well as lower down payments and funding costs to buyers financing their second homes with bank mortgages -- will support overall sales over the next 12 months and help maintain healthy year-on-year growth into 4Q 2015," says Stephanie Lau, a Moody's Assistant Vice President and Analyst.
Main themes noted by Moody's:
- Positive Sales Momentum to Continue into 4Q 2015
- Rebound in Residential Home Prices to Continue
- Lower Down Payment Requirement Is Credit Positive for Developers
- Liquidity Index Remained Stable in September 2015
