Luxury Housing Set to Boost China Housing Industry
Luxury housing sales are projected to grow at a CAGR of over 23% during 2012-2015, says RNCOS in its latest research report.
- (1888PressRelease) September 14, 2011 - According to our latest research report, "China Housing Sector Outlook 2013", housing industry in China has emerged as the most dynamic segment of the real estate industry. The market is witnessing unprecedented growth for the past few years, specifically luxury housing market. Despite the rising prices, the segment experienced tremendous growth in 2010 in terms of demand. Moreover, it is anticipated that luxury housing sales will grow at a CAGR of over 23% in value terms during 2012-2015.
As per our research, the main reason for the growth of luxury housing segment is the rapid increase of the elite class population comprising of entrepreneurs and top-level management executives in the metropolitan cities. Apart from this, various other strong fundamental drivers discussed and analyzed in the report will enable this segment to sustain its upward growth trend in the coming years.
Apart from luxury housing segment, various other segments are also showing promising future prospects. Affordable housing segment have shown a tremendous growth in the past and we anticipate that, this segment will grow significantly in the coming years, as well supported by various reasons discussed in our report. Further, our report also provides information about various government measures for affordable housing, latest developments in the housing sector, and bathroom fittings, and construction material.
Furthermore, our report reveals information on important aspects including housing demand and supply at present as well as in future. In addition, it provides information on states that have maximum and minimum housing shortage. This will help clients to identify prospective place/region for their investments.
Our report, "China Housing Sector Outlook 2013", provides detailed analysis of the housing sectors in China. It provides thorough insight into each of the housing segments including luxury housing, affordable housing, and ordinary housing. Most importantly, the report entails future outlook of the housing sector taking into consideration the effect of soaring prices in the housing sector of the country, base drivers, and the opportunities along with challenges. Additionally, the report also covers information about the key players in the industry and presents an overview of their business that can provide necessary insight to prospective clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM212.htm
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