The prices of old homes in Shenzhen jumped 10.3 per cent year on year on average in April, pushed up by easing measures introduced by the People’s Bank of China to boost the economy amid the coronavirus pandemic.The prices were 1.7 per cent higher than March and topped those recorded in the 70 major cities tracked by the country’s National Bureau of Statistics (NBS), which released the figures on Monday.The secondary market is free of government intervention. “We have recently seen clear…
Source : South China Morning Post
Read more…Shenzhen old home prices jumped 10 per cent in April, with business loans being used for speculative buying















