Property News · November 23, 2017

Limited upside in China’s 2018 home prices as banks keep mortgages, loans on short leash


There’s limited upside on China’s property prices going into 2018, as the country’s monetary authorities maintain their tight grip on the financial spigot and limit the amount of credits that can flow into mortgage loans, according to the consensus of a group of financial institutions and developers during a recent meeting.
Property transactions will shrink in volume, according to the majority of the 51 financial institutions and more than 20 developers assembled in a November…

Source : South China Morning Post
Read more…Limited upside in China’s 2018 home prices as banks keep mortgages, loans on short leash

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