Property News · April 9, 2018

Chinese families in smaller cities keen on buying property despite rising prices


The appetite for property investment among urban Chinese households rebounded in March from the lowest level in two years as more families in smaller cities opted to buy homes despite rising prices, according to a survey conducted by market research company Nielsen for Bank of Communications.
The bimonthly household property investment index increased to 111 last month after remaining unchanged at 109 in January, its lowest since March 2016, thanks to rising momentum in smaller cities, the…

Source : South China Morning Post
Read more…Chinese families in smaller cities keen on buying property despite rising prices

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