Why did the house price in Ligezhuang fall?

The reasons for the decline in housing prices in Ligezhuang can be attributed to the following factors:

1. Affected by the global epidemic, the global economy is depressed and market confidence is frustrated, which leads to changes in the relationship between supply and demand in the real estate market, a decrease in the willingness of buyers to buy houses, and an increase in the pressure on developers to sell houses.

Due to the decrease in the number of buyers, developers have to lower prices to attract more buyers in order to sell their houses as soon as possible.

Generally speaking, the decline in housing prices in Ligezhuang is caused by changes in market supply and demand and the global epidemic. With the relief of the epidemic and economic recovery, this downward trend may be reversed.