Property News · March 16, 2017

Unsold housing stock falling fast in smaller Chinese cities


Smaller cities are increasingly driving China’s property market growth as the massive housing inventories that had built up gradually start to fall in many parts of the country, according to the latest figures from analysts at UBS.
With the housing glut easing this year, developers focusing on lesser-known places have seen shares surge on expectations they will be the top gainers amid the sales rebound.
China has for years suffering from a polarised housing market, as sellers struggle to…

Source : South China Morning Post
Read more…Unsold housing stock falling fast in smaller Chinese cities

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