Reasons for the sharp drop in house prices in Zhongchuang District of Nantong

Influence of epidemic situation, policy regulation.

1, epidemic impact: After the outbreak of COVID-19 epidemic, the global economy was hit, and Nantong area was also affected. The epidemic has restricted people's travel, reduced economic activities and reduced housing demand. This led to a decline in house prices.

2. Policy control: The government's control of the real estate market is also one of the reasons for the decline in house prices. The government has issued a series of policies, including measures such as restricting purchases, loans and sales, to control the overheating of the real estate market and prevent excessive housing prices. These policies have limited the demand of buyers, leading to a decline in house prices.