Asia Centric: Is China’s Property Market Finally Recovering?
China’s property market is showing signs of life after a five-year slump, prompting some analysts to call for a long-awaited rebound. Price declines for newly built homes are narrowing, while...
By Clara Chen · Bloomberg
China’s property market is showing signs of life after a five-year slump, prompting some analysts to call for a long-awaited rebound. Price declines for newly built homes are narrowing, while transaction volumes are finally ticking up, particularly in top-tier cities. But is this a significant turnaround or just a dead cat bounce?