Toonstruck 1 » Thomas Muller Deutschland Trikot

BEIJING Bernd Leno Fußball Trikot , Sept. 20 (Xinhua) -- A surge in housing mortgage loans and an undersupply of construction land contributed to a sweeping increase in home prices across China.


Official data showed that more cities reported home price increases in August than in July, regardless of size.


A central bank survey showed that 53.7 percent of polled residents thought home prices in the third quarter of 2016 were "unacceptably high," up from 53.4 percent in the previous quarter.


Nevertheless, 16.3 percent of respondents were "ready to buy homes" in the coming three months, up from 15 percent in a quarter earlier.


Analysts said ordinary people prefer property as a safe and relatively lucrative investment to risky stocks and occasionally fraudulent online financing products.


People widely believe that the government virtually underwrites the value of properties, said Li Xunlei, chief economist at Haitong Securities, one of China's largest brokerages. A robust property sector can boost the consumption of steel Timo Werner Fußball Trikot , cement, non-ferrous metals, chemicals, home appliances and furniture, and the government is supposed to support its expansion.


Cheap and easy mortgages have, to a large extent, helped turn people's bright outlook into