Property News · November 29, 2016

China’s property market set for stability in 2017, experts say


China’s property market is likely to see a flat year in 2017 after authorities adopted stricter curbs on home sales in major cities, experts said.
October data has showed early signs of market cooling as the latest new restrictions resulted in significant reductions in transaction volumes and a contraction in the pace of price growth.
Moody’s expects nationwide home sales to be flat or slightly negative in 2017, against an already high base in 2016.
“Specifically, sales…

Source : South China Morning Post
Read more…China’s property market set for stability in 2017, experts say

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