Why has the house price in Xiyue, Fuzhou been decreasing?

This situation may be the regulation of the property market and the relationship between supply and demand.

1, property market regulation: Fuzhou government has been regulating the property market to limit the price increase. Including restrictions on purchases, loans and other policies, policies limit housing demand and affect housing prices.

2. Relationship between supply and demand: The supply of Fuzhou real estate market exceeds demand, which leads to the decline of house prices. Property buyers' expectations of the real estate market have weakened and demand has decreased, further increasing the pressure of falling house prices.