6 October 2024
China home sales rise after stimulus measures, state media says
China’s home sales increased during the National Day holiday following recent property stimulus measures. Over 50 cities introduced policies to boost the real estate market, with nearly 2,000 developments participating in promotions. House visits rose significantly, and sales increased in many areas. Major cities like Guangzhou, Shanghai, and Shenzhen eased restrictions on home purchases to revitalize the struggling property sector.READ FULL