Property News · November 6, 2018

China’s property bear market to continue with sentiments deteriorating in coming months, say analysts


China’s property bear market is showing no sign of improvement, with analysts expecting further deterioration in sentiments in the coming months as sales continue to slow and authorities uphold controls on the sector.
Contracted home sales in October grew at the slowest pace in four months after they peaked in July with a 58.1 per cent on the month, according to consultancy CRIC. China’s top 100 developers, which account for two-thirds of the country’s property sales, sold 784…

Source : South China Morning Post
Read more…China’s property bear market to continue with sentiments deteriorating in coming months, say analysts

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