Shenzhen was one of only six Chinese cities in a 70-city survey that saw home prices stay the same in July, while 61 cities saw prices rise. Photo: Bloomberg

China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown

  • China’s top 100 developers see contracted sales fall dramatically in July – but will prices fall as well?
  • ‘People are worried about their jobs,’ and reluctant to buy, one analyst said
Topic |   China property

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Shenzhen was one of only six Chinese cities in a 70-city survey that saw home prices stay the same in July, while 61 cities saw prices rise. Photo: Bloomberg
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