Property News · June 27, 2017

Chinese property investment to drop to ‘normal level’, says top adviser


Real estate investment, a key pillar of China’s economy, is expected to fall back to a “normal” level – about 2 to 3 per cent growth – in the second half of this year, according to a top Chinese economic adviser.
“Real estate investment actually would have peaked in 2014 if there hadn’t been an upsurge in 2016. So the year-on-year growth will slip to 2 to 3 per cent in the second half, or even negative growth, due to the high comparison base. But that…

Source : South China Morning Post
Read more…Chinese property investment to drop to ‘normal level’, says top adviser

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