Property News · May 17, 2023

China’s developers keep their investment powder dry even as home sales improved in the first four months of 2023


Developers have more capital now, but most of it is reserved for completing current projects instead of starting new ones. National Bureau of Statistics data shows investment in property development in decline, indicating that the supply side has yet to recover, analysts said.

Source : South China Morning Post
Read more…China’s developers keep their investment powder dry even as home sales improved in the first four months of 2023