Oct
25

China’s Bid to Prop Up Property Investment Challenged Amid Glut

By

A large area of new apartment blocks have been built around

New apartment blocks stand near the Luoyang Longmen High Speed ??Railway Station in Henan province.

Photographer: Zhang Peng/LightRocket via Getty Images
  • More loosening needed to bolster sales, reduce inventories
  • Home ownerhsip “very high” at current level of development

China’s moves to ease mortgage restrictions and cut interest rates are bearing fruit in the nation’s smaller cities, where home prices have staged a recovery. Now comes the bigger challenge: Clearing a supply glut to spur investment by developers.

China’s Bid to Prop Up Property Investment Challenged Amid Glut

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.