Property News · October 3, 2018

China’s property bull run in smaller cities may be tiring out as curbs to tame home prices bite


The red-hot property bull run seen across China’s smaller cities may be tiring out, as government curbs intended to tame runaway prices rattle the housing sector, one of the economy’s most important drivers.
In second-tier cities, transaction volume of second-hand homes has plunged over the past two months. Frenetic new home sales are beginning to lose energy. And home prices have slid in some places, too.
The more than two dozen metropolises categorised as second-tier are some of…

Source : South China Morning Post
Read more…China’s property bull run in smaller cities may be tiring out as curbs to tame home prices bite

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