Guangzhou’s 2nd-hand home transactions hit 2nd-highest this year – industry association
Guangzhou’s 2nd-hand home transactions hit 2nd-highest this year – industry association

Guangzhou’s 2nd-hand home transactions hit 2nd-highest this year – industry association

The number of second-hand home transactions in China's southern metropolis Guangzhou exceeded 10,000 again in October (from September 26 to October 25), hitting the second-highest level this year, slightly lower than the 10,456 recorded in June (from May 26 to June 25), according to the data from the Guangzhou Real Estate Intermediary Association.

New home transactions has also seen significant growth both year-on-year and month-on-month, it said.

The relaxed credit environment has stimulated mortgage demand, with the proportion of mortgage payments for second-hand homes in . . .

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