Fri, Jul 25, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

Housing market slows in China’s first-tier cities

Posted on 07 May 2013

China’s rocketing real estate market has decelerated since the State Council announced five new policies in March intended to curb the alarmingly rapid growth. Policies designed to stabilize housing prices and stifle speculation included a 20 percent capital gains tax, higher down payments, and increased mortgage interest rates in heated up markets, as well as curbs on second properties.
Some cities had experienced prices multiplying by factors of 10 recently, causing official concern, and locking prospective homeowners out of the market, CNBC reported………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031