Housing market shows signs of cooling after decade of growth

Author: 

China Daily

Publication date: 

Tuesday, 4 March 2014

Type: 

  • Article

Producer: 

External to ACUI

Project theme: 

Document: 

Higher mortgage rates, concern over impact of tax reduce volume of transactions as year gets underway. Experts say there are signs of cooling in the Chinese property market after a decade of growth, with the transaction volume starting to fall and mortgage rates rising nationwide.