House supply boost

Realty prices in metropolises such as Beijing are continuing to show a strong rising trend, dimming the hopes of tens of thousands of young birds to own a nest.

The rising trend is also troubling local governments, which are finding it difficult to control house prices.

To curb market expectations of further rising prices, which might prompt more people to join the market and so push prices even higher, the Beijing Commission of Housing and Urban-Rural Development recently issued seven new measures, focused on increasing market supply.