China’s January home sales are expected to disappoint the market again, which could trigger a bearish outlook for the country’s property sector and the wider economy, analysts said, reports the South China Morning Post. Home sales in 30 major cities tracked by Chinese financial data provider Wind have dropped by 38% month on month and…
China Property Crisis in Charts: Spillover Spreads Across Economy bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Hong Kong may have seen the last of the interest rate hikes in the current tightening cycle, but analysts warn this may not prevent property prices from slipping further.
Rising demand from mainland Chinese buyers following the government’s easing of cooling measures and rising rental yield should provide downside support for…