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