Aerial view of a housing estate in Nantong South Street, China. Photo: Shutterstock Aerial view of a housing estate in Nantong South Street, China. Photo: Shutterstock
Aerial view of a housing estate in Nantong South Street, China. Photo: Shutterstock

China property

A Chinese city near Shanghai imposes ban on resale of cheap homes to curb speculation

  • Nantong city imposes a five-year ban on resale of properties to curb market speculation amid economic slowdown
  • The move follows a separate decision by housing bureau to halt home sales in an estate near Shenzhen to prevent price fixing

Topic |   China property
Aerial view of a housing estate in Nantong South Street, China. Photo: Shutterstock Aerial view of a housing estate in Nantong South Street, China. Photo: Shutterstock
Aerial view of a housing estate in Nantong South Street, China. Photo: Shutterstock
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