After home prices jumped by as much as 76 percent in China’s first tier cities from the beginning of 2015 through the end of last year, the country’s leadership came into 2017 determined to stop speculation and cool down the… Read More>>
Fear of Down Payment Hike Drives 93% Jump in Shanghai Home Sales
The amount of new housing sold in Shanghai jumped 93 percent last week as fears of a jump in down payments drove home sales to more than 5000 units in one of China’s most expensive real estate markets. The number… Read More>>