Chinese cities scrambling to relax property curbs after top authority expressed support
Chinese cities scrambling to relax property curbs after top authority expressed support

Chinese cities scrambling to relax property curbs after top authority expressed support

 

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  • More than 80 Chinese cities have relaxed property curbs this year, and in April alone, over 30 cities eased housing policies
  • In Labour Day holiday, new home sales in major Chinese cities tumbled 52.3% year over year
  • New home prices in China's top 100 cities edged up 0.08% on year in the first four months of the year, the slowest growth for the period in seven years

Chinese local governments are scrambling . . .

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