Property News · August 17, 2017

Guangzhou sees world’s highest rises in luxury home prices, surging 36pc in past year


Guangzhou, China’s third largest city, has seen a whopping 35.6 per cent increase in luxury property prices over the 12 months to June – the highest growth among 41 major cities polled globally by Knight Frank.
The property consultancy says luxury home prices in those major centres increased in the first half of 2017 by an average of just 4.4 per cent compared to the same period last year, and even that upturn can largely be attributed to China’s cities, which led the index…

Source : South China Morning Post
Read more…Guangzhou sees world’s highest rises in luxury home prices, surging 36pc in past year

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