Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
Guangzhou

Guangzhou’s housing watchdog clamps down on homeowners colluding to inflate home prices

  • The regulator says it will come down hard on those jacking up home prices, posting fake property information and for using sales gimmicks
  • Guangzhou’s homeowners have become ‘overexcited’ by property investors betting on the future of the key Greater Bay Area city, market observers say

Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
Property prices in Guangzhou, the capital of Guangdong province, rose by 7.8 per cent last year. Photo: Shutterstock Images
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