Property News · March 1, 2019

China’s February home sales value extends decline as trade war weighs on the lifetime buying decision for most people


China’s February home sales extended their decline, following a weak showing a month earlier, as economic uncertainty from the nation’s ongoing trade war with the United States continued to weigh on what could be the biggest purchase of a lifetime for most buyers.The contracted sales value by China’s 100 largest developers fell 11 per cent last month to a combined 446.4 billion yuan (US$66.7 billion), compared with last year, according to data by China Real Estate Information Corporation (CRIC)…

Source : South China Morning Post
Read more…China’s February home sales value extends decline as trade war weighs on the lifetime buying decision for most people

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