Why has the house price in lingwu city been falling?

House prices in lingwu city have been falling for the following reasons:

1. Relationship between market supply and demand: There is oversupply or insufficient demand in the housing market in lingwu city, and the downward pressure on housing prices is great.

2. Economic factors: The poor local economic situation, slow industrial development and other factors lead to a decrease in housing demand, thus affecting housing prices.

3. Policy control: The government introduced control policies such as restricting purchases and loans to curb the overheating of the real estate market, which also led to a decline in house prices.

4. Population flow: lingwu city's population decline or the outflow of migrants will have a certain impact on housing prices.