China’s housing market rout is ending as policy moves revive confidence, home sales

Quick Summary:

Bullish signals emerge in hot off-season’ secondary home sales in November, tax incentive in December.

In Beijing, 18,763 lived-in homes changed hands, or 50 per cent more than a year earlier.

China sees slowest economic growth in over a year with 4.

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Article Details

Author / Journalist: Yulu Ao

Category: Business

Markets: Hong KongChina

Topics: Property Shanghai Sales September Beijing China Year Government Secondary Market Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 10:00:13 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 297 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24410115

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Official Website: scmp.com

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