Property News · June 13, 2024

China’s central bank backs Beijing’s property destocking plan as housing sales crawl


China’s central bank has backed the government’s plans to absorb the nation’s unsold homes and fix an inventory overhang which a data provider said could take as long as 18 months to work through.

Source : South China Morning Post
Read more…China’s central bank backs Beijing’s property destocking plan as housing sales crawl