Are China's Property Curbs Starting to Take Hold?

The video discusses the trends in new home prices across 70 cities, highlighting a slowdown in January. It examines the impact of new mortgage loans and predicts further slowdown due to policy controls. The broader economic implications are also explored, emphasizing the significance of the housing market on various sectors and China's GDP growth.

In what ways does the property market impact other sectors according to the text?

What are the expected effects of policy controls on China's GDP growth in 2017?