Property News · March 14, 2019

‘Policy relaxation’ to rekindle China homes prices later this year, says Hong Kong-listed developer


As storm clouds gather over the mainland housing market, one property developer is betting on sunnier skies in the months ahead as local governments seek to kick-start economic growth.Cifi Holdings, the Shanghai-based property developer with a presence in 55 mainland cities, expects a pickup in home sales in the second half as local governments unwind austerity measures designed to cool home prices.“We think that the property market, despite getting off to a slow start this year, will grow…

Source : South China Morning Post
Read more…‘Policy relaxation’ to rekindle China homes prices later this year, says Hong Kong-listed developer

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