Property News · July 28, 2021

Shenzhen home prices fell 15 per cent after about 300 cooling measures were launched in first half of 2021


Home prices in Shenzhen, mainland China’s most expensive residential property market, have finally declined, falling by as much as 15 per cent, after about 300 rounds of cooling measures were introduced across the country in the first six months of the year.Towards the end of June, the average price of a second-hand home stood at 61,500 yuan (US$9,488) per square metre, or about 15 per cent below a peak of 72,436 yuan per square metre recorded in January this year, according to E-House China R…

Source : South China Morning Post
Read more…Shenzhen home prices fell 15 per cent after about 300 cooling measures were launched in first half of 2021

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