Despite buying curbs in more than 20 cities, China’s home sales by area rose 25.1 per cent year-on-year in January and February, beating forecasts and the 22.5 per cent gain in the entire year of 2016. Photo: Reuters

Unsold housing stock falling fast in smaller Chinese cities

More than 40pc of smaller cities saw their housing investories drop to 12 months or below at the end of 2016

Topic |   China property

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Despite buying curbs in more than 20 cities, China’s home sales by area rose 25.1 per cent year-on-year in January and February, beating forecasts and the 22.5 per cent gain in the entire year of 2016. Photo: Reuters
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