China may have fueled a housing boom in the Greater Bay Area with easier ownership rules, as buyers from Hong Kong joined the rush to send home prices in some cities to record highs, according to data from Centaline Property.An index tracking prices of new and used homes in Shenzhen rose for a fifth straight month in December to cap a 9.4 per cent rally in 2019, according to Centaline Property. Prices climbed 10.5 per cent in Foshan and 7.4 per cent in Huizhou.The indicators for the three…
Source : South China Morning Post
Read more…Hong Kong buyers nudge Greater Bay Area home prices to new heights after easier ownership rules















