It’s my English essay. I’ll appreciate it if you could give me some advice.

Why, you may wonder, have the prices of new houses in key cities all fallen slightly since last year? As we all know, the past few years have seen housing prices in key cities increase dramatically with the rapid development of a stronger economy. It may surprise you to learn however, that in reality the situation is exactly the opposite. From my point of view, the reasons are as follows...

According to governmental policy, one of the major factors in its decisive role played in taming excessive house prices, is to benefit the normal working class who play an indispensable role in economic development. What’s more, the consumption attitudes of the young generation, it’s believed, have changed in recent times. Millennials tend to seek economic freedom from the high pressure of buying. Thus renting a house can be seen as a safer, less risky choice than buying one. In turn, less housing demand leads to lower house prices. Last but not least, the development of technology contributes to decisions about where we work. In these times, we are beginning to deviate from the permanent fixed office model to working almost anywhere. Correspondingly, where we work at isn't as important as before.

There are many factors at play in the economy which ultimately determine the cost of buying property, and this phenomenon also reflects the diversification of the economy.