Property News · December 21, 2018

Xian tops list of cities with biggest home price increases globally


The northwestern city of Xian, home to China’s Terracotta Army and a population of nine million, reported the biggest increase in home prices globally in the year leading up to September, 2018, according to property consultancy Knight Frank.
The city, which did not feature in the Knight Frank Global Residential Cities Index last year, recorded a 20 per cent increase in residential property prices.
Xian’s property challenges speak to the problems of China’s second-tier cities…

Source : South China Morning Post
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