Press "Enter" to skip to content

Dalian to control home prices in new way after Beijing warned overheating risks

The city of Dalian in northeastern China is trying something new to keep a lid on home prices after Beijing warned about overheating risks in the local housing market for several times.

All property developers in the city are required to seek sales approval by inputting an apartment’s proposed price into a centralized computer system and home prices must be lower than the bottom price for similar dwellings sold . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • 7 * 24 Wire that delivers the earliest possible alerts of market-moving news and tailored insights from China
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly newsletter with Editor's Picks

 

Already have an account? Sign In

Top