China’s property market continued weak recovery in Q2, transaction volume to recover modestly in Q3 – research 
China’s property market continued weak recovery in Q2, transaction volume to recover modestly in Q3 – research 

China’s property market continued weak recovery in Q2, transaction volume to recover modestly in Q3 – research 

 

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China's property market continued its weak recovery in the second quarter of 2024, with developers' enthusiasm for launching new projects picking up slightly and property supply rising by 11% from the previous quarter, though year-to-date supply still down 30% from a year ago, with steeper falls seen in second-tier cities, according to real estate research firm CRIC.

Meanwhile, thanks to favourable policies from the central government, local authorities and the mid-year push by developers, property transaction volume recovered steadily in the second quarter, with tier-one cities showing more resilience . . .

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