Home sales in Beijing were way down on the same period in previous years. Photo: Reuters Home sales in Beijing were way down on the same period in previous years. Photo: Reuters
Home sales in Beijing were way down on the same period in previous years. Photo: Reuters
China property
Business

‘Golden week’ property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions

  • Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day holiday
  • The seven-day holiday is traditionally a peak period for home sales

Topic |   China property
Sandy Li
Sandy Li

Updated: 7:51pm, 8 Oct, 2019

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Home sales in Beijing were way down on the same period in previous years. Photo: Reuters Home sales in Beijing were way down on the same period in previous years. Photo: Reuters
Home sales in Beijing were way down on the same period in previous years. Photo: Reuters
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