Lower mortgage rates drive rebound in pre-owned home...
China News
March 21, 2024
Following significant reductions in mortgage rates by major banks, China's housing market is experiencing heightened activity. Real estate agents in Beijing report a surge in inquiries, particularly from residents seeking to upgrade to larger properties. Additionally, relaxation of home purchase limits in cities like Shanghai contributes to the market's revitalization efforts, aimed at counteracting its recent cooling trend.