China’s real estate market improved after policy support, sustainability of recovery uncertain – research
China’s real estate market improved after policy support, sustainability of recovery uncertain – research

China’s real estate market improved after policy support, sustainability of recovery uncertain – research

 

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Supported by the central government's measures to shore up the property market, China's recent real estate data shows that the market situation has improved, with the month-on-month decline in second-hand home prices narrowing in May, the year-on-year decline in new property trading volume narrowing in the last week of May, and the further decrease in the inventory level of new homes, BOC International said in a research report. 

Therefore, the bank has become more optimistic on the real estate sector, it said.

However, the sustainability . . .

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