Property News · October 24, 2017

What President Xi’s congress message means for China’s housing market


Strict tightening measures currently being imposed on China’s housing market will not be eased any time soon, and could become even tougher, according to analysts digesting President Xi Jinping’s reiteration of his “housing is for living” concept, at the ongoing, once-every-five-year, 19th Communist Party congress in Beijing.
As a result, national home sales will continue to weaken despite fairly strong demand, they added.
The President underlined his policy on housing…

Source : South China Morning Post
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