A set of poor land sales results have highlighted the softening real estate market in Nanjing, reflecting the effectiveness of recent government measures to cool a market that was seen as tipping towards overheating, exemplified by a strong buyer response for a home that had been the scene of a domestic tragedy in 2011.
Land authority officials in the city – the capital of Jiangsu province and the second largest city in the East China region – cancelled three of five planned land…
Source : South China Morning Post
Read more…Nanjing property market U-turns as government cooling measures take hold















