The new policies have weighed down investment sentiment, as well as demand from people who have a genuine need for housing, according to an analyst. Photo: AFP The new policies have weighed down investment sentiment, as well as demand from people who have a genuine need for housing, according to an analyst. Photo: AFP
The new policies have weighed down investment sentiment, as well as demand from people who have a genuine need for housing, according to an analyst. Photo: AFP

Guangzhou property market hit by double whammy of tightened policies, outbreak of Covid-19’s delta variant

  • Transactions for new homes have fallen 77.9 per cent year on year this month
  • While the impact of the outbreak would be short term, policy tightening will continue to bite: analyst

Topic |   China property
The new policies have weighed down investment sentiment, as well as demand from people who have a genuine need for housing, according to an analyst. Photo: AFP The new policies have weighed down investment sentiment, as well as demand from people who have a genuine need for housing, according to an analyst. Photo: AFP
The new policies have weighed down investment sentiment, as well as demand from people who have a genuine need for housing, according to an analyst. Photo: AFP
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