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Housing demands drop in China border city as trade stopped with N Korea amid pandemic

Housing demands drop in China border city as trade stopped with N Korea amid pandemic ANI | Updated: May 17, 2021 22:17 IST Beijing [China], May 17 (ANI): In 2018, housing prices in New District, in the city of Dandong on China s northeastern border with North Korea, were the fastest growing in the country, however, hopes for its future have dampened by the outbreak of the pandemic last year. The latest Chinese government numbers showed Dandong s house prices in March recorded a mere four per cent increase on last year. A new three-bedroom flat with a river view in New District today costs 7,000 yuan per square metre (USD100 per square foot) - not much higher than it would have been worth when speculation stalled in 2019, South China Sea.

Housing demands drop in China border city as trade stopped

Housing demands drop in China border city as trade stopped ANI 18 May 2021, 03:27 GMT+10 Beijing [China], May 17 (ANI): In 2018, housing prices in New District, in the city of Dandong on China s northeastern border with North Korea, were the fastest growing in the country, however, hopes for its future have dampened by the outbreak of the pandemic last year. The latest Chinese government numbers showed Dandong s house prices in March recorded a mere four per cent increase on last year. A new three-bedroom flat with a river view in New District today costs 7,000 yuan per square metre (USD100 per square foot) - not much higher than it would have been worth when speculation stalled in 2019, South China Sea.