Speeding Up The Formulation Of Housing Consumption Tax Policy

Premier of State Council Wen Jiabao On the 14 day, the Executive Council of the State Council was chaired to analyze the economic situation in the first quarter and study the next stage of economic work. The meeting pointed out that we will speed up research and formulate reasonable guidance for individuals. Housing consumption Tax policy.
The meeting held that, from the domestic point of view, the situation of disaster prevention and disaster resistance is grim, there are many restrictive factors for capturing good harvest and increasing farmers' income; some factors that drive up prices are manifested and strengthened. inflation expectations In particular, the problem of excessive rising housing prices in some cities is more prominent.
Regarding housing prices, the meeting said that it must resolutely curb the excessive rise in housing prices. Every city government should shoulder the responsibility of safeguarding the healthy development of the real estate market. We should strengthen housing security and increase the effective supply of housing construction land. A more stringent differentiated housing credit policy should be implemented to curb speculative purchases.
The meeting stressed that we should persist in handling the relationship between maintaining stable and rapid economic development, adjusting the economic structure and managing inflation expectations as the core of macroeconomic regulation and control. We should put an emphasis on accelerating the transformation of the mode of economic development and improving the quality and efficiency of economic growth, continue to implement the proactive fiscal policy and moderately loose monetary policy, and strive to enhance the pertinence and flexibility of macroeconomic policies.
　　

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The 70 cities in March housing price Year-on-year increase of 11.7%
April 14, the statistics released by the National Bureau of statistics released today showed that in March 2010, the sales price of housing in 70 large and medium-sized cities increased by 11.7% over the same period last year, of which the sales price of new residential buildings rose 14.2% compared with the same period last year, and the price of newly built commercial housing increased by 15.9% over the same period.
The 5 cities with the largest sales price of newly built commercial housing are Haikou 64.8%, Sanya 57.5%, Wenzhou 22.3%, Jinhua 20.9% and Guangzhou 20.3%.
The 5 cities with the largest increase in second-hand housing sales price are Sanya 50.4%, Haikou 40.4%, Shenzhen 23.9%, Wenzhou 18.6%, Yinchuan 16.2%, and the cities with falling prices are only Quanzhou, down 0.9%.