China says will make housing prices stable, strictly curb speculation

BEIJING (Reuters) - China will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, China Construction News cited the housing regulator as saying on Tuesday, after a flurry of government moves to support the crisis-hit sector.

China will promote home delivery and help to resolve financing risks for property firms, according to the media outlet, headed by the Ministry of Housing and Urban-Rural Development.

(Reporting by Liangping Gao and Ryan Woo; Editing by Kim Coghill)