Signs of a recovery emerged in China’s property market in March as first-tier cities saw a strong uptick in sales on the back of pent-up demand and lower prices. But market observers say it is too early to tell if the rally can be sustained after a similar rebound unravelled last year after a strong start.According to Centaline Property Agency’s March data, 16,051 pre-owned homes in Beijing changed hands, up 43.9 per cent from a year ago; Shanghai registered 50 per cent year on year growth to…
Source : South China Morning Post
Read more…Green shoots of recovery in China’s property market but don’t pop the champagne yet, caution market observers















