China’s property market keeps everyone guessing

The Chinese government knows it has to do something about the run-away house price inflation in its major (Tier 1 and 2) cities. And it is.

As SocGen’s Wei Yao says, since late September, “20-strong cities have either reintroduced or stepped up tightening on the housing sector.”

It’s far less than the peak of 46 Yao says we saw in the previous cycle but it’s not bad going and the cities involved cover “more than 20% of national sales and new starts volume, more than 40% of national sales value, and more than 30% of national property investment” according to RBS.

Continue reading: China’s property market keeps everyone guessing

The Chinese government knows it has to do something about the run-away house price inflation in its major (Tier 1 and 2) cities. And it is.

As SocGen's Wei Yao says, since late September, "20-strong cities have either reintroduced or stepped up tightening on the housing sector."

It's far less than the peak of 46 Yao says we saw in the previous cycle but it's not bad going and the cities involved cover "more than 20% of national sales and new starts volume, more than 40% of national sales value, and more than 30% of national property investment" according to RBS.

Continue reading: China’s property market keeps everyone guessing