Property News · November 1, 2016

China property sector to stabilise as cooling measures take hold, Moody’s says


China’s real estate market is on track to stabilise despite the risk that any further tightening measures could hurt developers and cause a sharp fall in home sales, according to Moody’s analysts.
Meanwhile, the credit ratings agency sees Hong Kong property companies enjoying modest earnings growth in the next year.
The mainland property sector has a stable outlook for the near term, a Moody’s Investor Service report said, with the effects of newly introduced cooling measures…

Source : South China Morning Post
Read more…China property sector to stabilise as cooling measures take hold, Moody’s says