China Home-Price Growth Weakens as Evergrande Hurts Confidence

Updated: September 15th, 2021 09:40 AM IST

While top Chinese cities step up real estate restrictions to curb home price growth, several smaller cities have moved to limit home price drops after transactions fell significantly amid a cooling market.

China Home-Price Growth Weakens as Evergrande Hurts Confidence

While top Chinese cities step up real estate restrictions to curb home price growth, several smaller cities have moved to limit home price drops after transaction volume fell significantly amid a cooling market.

The city of Jiangyin in East Chinas Jiangsu province recently said that property developers are banned from dumping homes at low prices (lower than cost prices or with disguised price cuts) or resort to price wars, and meanwhile, selling prices of residential properties . . .

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