The number of prospective buyers at new property showrooms in Nanjing have thinned in recent weeks as property sentiment wanes. Photo: Shutterstock

Nanjing property market U-turns as government cooling measures take hold

City’s land authority cancels three of five planned land sales expected during a two-day period ending last Friday, while the remaining two were auctioned off for less than nearby sites

Topic |   China property

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The number of prospective buyers at new property showrooms in Nanjing have thinned in recent weeks as property sentiment wanes. Photo: Shutterstock
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