Two Chinese property developers warned from the sidelines of the National People’s Congress that property prices and sales will continue to fall if strict regulatory curbs on home purchases remain in place, The Wall Street Journal reported. “The pressure on property developers is still huge; prices have come off but the declines aren’t as big,” Vincent Lo, chairman of Shui On Land (0272.HKG), said Monday. “The property market is unlikely to see much improvement even in the second half of the year,” added Huang Wenzhai, chairman of Star River Group. Huang said that curbs on property purchases are “overly strict and in effect for too long.” Beijing reiterated its intent to discourage investment-driven property demand at the NPC on Monday. The slowdown in real estate construction and fixed-asset investment is bleeding through to the commodities market: A new report by Credit Suisse argued that “the golden age of the housing boom is behind us” and forecast dampened Chinese commodities demand.