Urban housing market diverges

Real estate has remained one of the pillar industries supporting China's economy this year, but the ever-in-creasing divergence between the housing markets in various cities has become a noticeable trend.

Due to favorable real estate-related policies and positive changes in people's expectations of the market, China's real estate market has heated up rapidly since the beginning of the year.

And despite the sluggish investment in the real economy, especially in the private sector, investment in real estate maintained high growth.