Beijing, Sept 30, 2024 (AFP) - China megacities ease homebuying rules to lift ailing property market

NAMPA / AFP

2024-09-30

Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump. The country's teetering real estate market long accounted for around a quarter of China's economy and experienced dazzling growth for two decades. But a years-long housing slump has become a major impediment to growth as the co......

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2024-09-30 09:00:30

Beijing, Sept 30, 2024 (AFP) - China's top banks to tweak mortgage rates to boost housing market

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Beijing, Sept 30, 2024 (AFP) - China megacities ease homebuying rules to boost property market

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