The latest local housing fine-tuning policies are taking effect with improved market activity in major Chinese cities, leading to expectations of more innovative solutions to better digest inventory and stabilize the property market, said industry experts on Tuesday.
The latest local housing fine-tuning policies are taking effect with improved market activity in major Chinese cities, leading to expectations of more innovative solutions to better digest inventory and stabilize the property market, said industry experts on Tuesday.
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China’s housing market is still plagued by excess supply of used homes as desperate owners look to cash out amid an economic gloom. Prices may need to drop further, with buyers waiting for bigger discounts, analysts say.
Housing sector is nearing stability china.org.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china.org.cn Daily Mail and Mail on Sunday newspapers.