Property News · January 24, 2019

Will China take out the axe to fix the slowing property market?


Expect China to step in to goose the all-important but slowing housing market this year – but not by too much, and mostly at the local level.
Cities are already taking small steps, like lifting price caps and removing re-sale restrictions. More actions like that are more likely than big policy moves at the national level, China property experts say.
Policymakers are looking for the right mix to keep home prices in a desirable range. Prices had skyrocketed until about the middle of last…

Source : South China Morning Post
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