Posted inBeijing, China, Guangzhou, Shanghai

Second-hand housing remains in a downward spiral

The price of new commercial residential buildings in first-tier cities increased slightly in November, while second-hand residential properties continued to decline, according to data released by the National Bureau of Statistics, The Paper reported. The growth rate of new home prices in second-tier cities was flat from October, while that in third-tier cities fell. Among the […]

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