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China's property market has risen from the ashes

Business Insider - 17 May 2016 05:47
China's property market has risen from the ashes China’s property market, having been stuck in the doldrums following years of overbuilding, has risen from the ashes in recent months. Home buying restrictions have been eased, mortgage rates have fallen and a fresh wave of credit has sloshed into the sector, leading to some eye-watering price gains in some of China’s largest cities. Underlining just how potent the mix has been in stimulating activity in the sector, and to a degree speculative forces, Chinese property sales have been on a ...
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