Property News · May 18, 2022

China’s April new home price index falls for the first time in seven years as Covid-19 adds to the slumping property market’s cash woes


Declining prices and contracting transactions underscore why China’s banking regulator and banks are cutting their mortgage rates in cities like Tianjin to revive the stagnating property market.

Source : South China Morning Post
Read more…China’s April new home price index falls for the first time in seven years as Covid-19 adds to the slumping property market’s cash woes

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