Posted inShanghai

Shanghai battles speculators as home prices surge

Shanghai’s second-hand home prices edged up 9.4% in May year on year, the latest statistical indication that government-imposed curbs on speculative buying have largely failed to deflate the market. The National Statistics Bureau’s (NSB) preliminary data has not released the city’s unit price changes for the month but that figure stood at a whopping 69,102 […]

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