EconomyChina
Guangzhou Caps Home Deposits at 5% in Sales Reform
Guangzhou caps completed-home deposits at 5% of price, the loosest among China's first-tier cities, in a national shift away from pre-sold housing.
—5 min read
Tag
2 articles
Guangzhou caps completed-home deposits at 5% of price, the loosest among China's first-tier cities, in a national shift away from pre-sold housing.
China's housing ministry declares a 'stock era' for real estate as second-hand home sales overtake new builds, signaling a structural shift in the market.