Sales of new homes in China increases by 12% in November
Buyers’ confidence was boosted after lenders eased mortgage rules
Buyers’ confidence was boosted after lenders eased mortgage rules
Raising interest rates before other countries could negatively impact the country’s real estate sector
Price growth is expected to slow to eight percent in 2022
The bank will be keeping a close eye on the property market and lending standards, given the environment of rising housing prices and low interest rates