Posted inBeijing, China, Shanghai

China’s housing market shows signs of cooling

China’s housing market appears to be cooling down as transaction volumes in many cities remained sluggish in October, China News Services reported. Ten major cities, including Beijing and Shenzhen, saw a 25% month-on-month or 9% year-on-year drop in second-hand home transactions, according to the latest report published by Shanghai E-House Real Estate Research Institute. In […]