A construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters A construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters
A construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters

Shenzhen

Shenzhen raises supply of new homes as China’s tech hub moves to curb surging house prices

  • Shenzhen plans to put 69,350 new flats up for sale by the end of the year, compared with the 50,434 that are currently being marketed
  • Shenzhen’s home prices jumped 10 per cent in April, the fastest among the 70 major cities tracked by China’s statistics bureau

Topic |   Shenzhen
A construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters A construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters
A construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters
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