

"It is just a matter of time for Beijing to announce similar tightening policy as its counterparts did," said Zhang Dawei, chief analyst at Centaline Property Agency Ltd.
New-home prices in Beijing increased 12.9 percent in February from a year ago, and that of used homes soared 27.7 percent year-on-year.
Zhang said measures being considered by Beijing may include stricter regulations on property agents, increased tax, tighter credit line for second homes and more land supply.
Chen Sheng, executive president of the China Real Estate Data Academy, said the new policies are necessary to show local governments' efforts in taming the overheated market, but for the long-term health of the market, they should try to strike a balance in the supply and demand.
"Up to 30 percent of the land supply in Shanghai goes for industry use at the moment, while the portion in cosmopolitan cities of New York and London is less than 5 percent," Chen said.
"The supply shortage may ease if the local government allot more land for property use," he suggested.
"The municipal government will increase land supply to solve the supply shortage in home market and an information publishing system will be set up to trace the home supply condition for the public," said Gu Jinshan, director of Shanghai Housing and Urban-Rural Development Management Committee.
There will be 169 hectares more land supply for commercial housing this year than that of 2015, and the total land supply of the 13th Five-Year Plan period will exceed that of the 2011-15 period, according to Gu.
![]() |
Train rides through blossoms
HD pictures of battleships of PLA Navy
East Sea Fleet conducts combat drills
Sophie Marceau goes square dancing in Guangzhou
Police officers learn Wing Chun in E. China
Charming models compete in super model contest in Beijing
Thai most beautiful transgender Nong Poy release new photos
Now and then photos of Shanghai Jiaotong University
Is this what air travel will look like in 2050?
Top 20 hottest women in the world in 2014
Top 10 hardest languages to learn
10 Chinese female stars with most beautiful faces
China’s Top 10 Unique Bridges, Highways and Roads
Women at the coal face but mining jobs are at risk
The terrifying reality of international custody disputes
BvS: Dawn of boredom
Zimbabwe law to hit Chinese firmsDay|Week