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Why did Zhengzhou Fu Rong, COFCO and Changsha reduce their prices?
The reason for this is the following:

1, some developers and real estate speculators are selling at reduced prices. On the whole, the national housing prices have indeed maintained an upward trend, but this does not mean that housing prices have not fallen. In fact, under the influence of strict property market regulation policies, especially under the three red lines and strict capital restrictions, a large number of developers have reduced their prices and promoted sales in the market.

2. More favorable policies have reduced the purchase cost of buyers to some extent, and the top management has made it clear that real estate is still a pillar industry. Therefore, in this case, we must not let the real estate drop sharply, and even find ways to stabilize the property market and stimulate the property market sales. In particular, some third-and fourth-tier cities with weak economic foundations need the real estate market to promote economic development. Therefore, after the property market is deserted, subsidies can only be introduced to stimulate the market.

3. The increase in house prices has dropped. Although the overall house price has not fallen, the increase of the national average house price has become smaller and smaller, which is one of the reasons why people think that house prices have fallen.