China's property market shows early signs of recovery after slump

The value of housing sales snapped more than a year of falls to post a small gain in the first two months of this year, while prices of second-hand homes and most new housing in major cities rose

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Photo: Bloomberg

5 min read Last Updated : Mar 16 2023 | 10:31 AM IST

China’s property market is showing some early signs of a stabilization this year after the government increased support for cash-strapped developers and loosened home purchase restrictions to counter a slump.

Topics : China | Real Estate | property market | economy

First Published: Mar 16 2023 | 10:24 AM IST

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China's property market shows early signs of recovery after slump

The value of housing sales snapped more than a year of falls to post a small gain in the first two months of this year, while prices of second-hand homes and most new housing in major cities rose

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