Henderson chief sees home prices steadying

"In the past few years, annual flat supply was about 10,000 units. In the next few years, annual supply will jump to 20,000 units," Lee told reporters at the firm's annual general meeting. The doubling of supply would bring the increase in home prices back to a reasonable level and squeeze developers' profits, he said.

via Business feed http://www.scmp.com/business/article/1252901/henderson-chief-sees-home-prices-steadying