China's Housing Market Shows Positive Signs After New...
China News
October 18, 2024
China’s housing market is showing promising signs of recovery following the implementation of new government measures designed to stabilize the sector. During a press conference on Thursday, Ni Hong, Minister of Housing and Urban-Rural Development, outlined the key aspects of the stimulus policies. These include the easing or removal of purchase restrictions in select cities, alongside reductions in mortgage rates and down payment requirements.