Transactions may return to China’s housing market in 2022, most noticeably in the country’s four first-tier tentpole cities, as relaxations in both monetary policy and market-dampening measures attract genuine buyers to re-enter the fray.Median home prices in Beijing, Shanghai, Guangzhou and Shenzhen may rise by no more than 5 per cent – the level that triggers alarms about property bubbles, which sends policymakers into overdrive – in the new year, as financing pledged by monetary authorities…
Source : South China Morning Post
Read more…Housing deals to resume in 2022 in China’s first-tier cities as buyers re-enter the fray with pent-up demand after four years of draconian controls
