Strict regulation on the housing........>

CHINA PRESS: Strict regulation on the housing market will likely continue next

year under the long-term tone of "housing is for living not speculation", the

China Securities Journal said Friday.

- Purchase or sales limits, as well as loan restrictions, are unlikely to be

removed, the newspaper said.

- The housing market will likely enter a downturn, though indicators like real

estate investment, new housing projects, land transaction volumes, and

developers' funding are still in positive territory. Sales are showing

significant pressure and house prices will continue to fall, the paper said

citing Chen Cong, analysts at CITIC Securities.