House-hunters in property showrooms are now a rare sight amid the coronavirus outbreak, the worst health scare since the Sars outbreak in 2003. Photo: May Tse
China’s local governments offer lifeline for builders facing a squeeze in home sales as coronavirus spreads
- From Wuxi to Hengyang, local governments are rolling out measures to release a chokehold on property sales
- Moody’s predicts property sales to decline slightly in 2020 after a 10.3 per cent gain in 2019
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Coronavirus pandemic: All stories
House-hunters in property showrooms are now a rare sight amid the coronavirus outbreak, the worst health scare since the Sars outbreak in 2003. Photo: May Tse