The People's Bank of China released the results of its second-quarter urban depositor survey on the 25th. 50.3% of residents expect housing prices to remain "basically unchanged" next quarter, up 2.1 percentage points from the previous quarter.

The central bank conducted a survey of 20,000 urban depositors in 50 cities nationwide. The results show that 21.2% of residents expect housing prices to "rise" next quarter, 15.1% expect them to "fall," and 13.4% said they "cannot tell." The share of residents planning to buy a home within the next three months was 14.4%, down 0.6 percentage points from the previous quarter.

On prices and income, the survey shows that in the second quarter, 56.5% of residents considered prices "high and unacceptable," up 0.7 percentage points from the previous quarter; 83.3% of residents said their income had "increased" or was "basically unchanged," down 2.6 percentage points from the previous quarter.

The second-quarter entrepreneur survey released the same day shows that 36.1% of entrepreneurs considered the macroeconomy "on the cool side," 62.2% considered it "normal," and 1.7% considered it "on the hot side." The entrepreneur confidence index stood at 64.9%, up 1.1 percentage points year on year and down 2.1 percentage points from the previous quarter.

The second-quarter nationwide banker survey shows that 50.9% of bankers considered the current macroeconomy "normal" and 47.3% considered it "on the cool side." The share of bankers who considered monetary policy "appropriate" was 72%, up 5.8 percentage points from the previous quarter.