国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Mortgage deposit for repeat buyers may rise

By Zhang Ran (China Daily)
Updated: 2007-09-13 09:34

The central bank is likely to ask commercial lenders to raise mortgage deposits to at least 40 percent for homebuyers who intend to buy a second apartment, a source said.

The central bank could release the new requirement later this week, the source told China Daily yesterday.

"Homebuyers might have to make a down payment of at least 40 percent to buy a second apartment," he said, adding that the move is an attempt to curb speculation in the property market, which might be intensified by rising inflation.

The minimum deposit for an apartment of more than 90 square meters (sqm) is currently 30 percent, while for apartments less than 90 sqm it's 20 percent.

Food costs pushed up China's consumer price index by 6.5 percent in August from a year earlier, the fastest growth rate since December 1996. Rising inflation has put real interest rates for deposits in negative territory, compared with the 3.6 percent one-year key deposit rate.

This has raised concerns that more individuals will channel their money into the stock and property markets, fueling bubbles.

Property prices in 70 major cities jumped 8.2 percent in August from a year earlier after gaining 7.5 percent in July, according to figures from the National Development and Reform Commission.

Housing prices in Beijing rose 12.1 percent from a year earlier, while prices in the southern boomtown of Shenzhen went up 20.8 percent.

Beihai, Shenzhen, Urumqi, Beijing and Bengbu of East China's Anhui Province led the country in terms of price increases, with growth rates of 18.2 percent, 17.6 percent, 15.5 percent, 13.5 percent and 11.1 percent.


(For more biz stories, please visit Industry Updates)



Related Stories  
镇安县| 莆田市| 咸阳市| 安陆市| 丹阳市| 都兰县| 神农架林区| 托里县| 乐昌市| 收藏| 年辖:市辖区| 都匀市| 汪清县| 韶山市| 巴马| 天门市| 哈巴河县| 平顶山市| 岫岩| 铜陵市| 全州县| 庆阳市| 乌海市| 淄博市| 全州县| 习水县| 奇台县| 遵化市| 伊金霍洛旗| 禹州市| 若尔盖县| 贵南县| 沁水县| 如东县| 仙居县| 宁乡县| 中方县| 汨罗市| 衡东县| 博罗县| 罗田县|