Chinese housing prices softened in October after a new wave of government cooling measures, but analysts say concerns about an unsustainable property market continue.
A Bank of America Merrill Lynch report said on Monday that China’s property restrictions, including buying limits and increased down payment ratios introduced in late September and early October, have seen “initial success… in curbing speculative demand”.
As a result, there is less risk of further real estate…
Source : South China Morning Post
Read more…Chinese property market sees effects of cooling measures just weeks after record price gains















