The PBOC cut interest rates last month for the first time in more than two years in an effort to stimulate housing demand. Photo: AFP
The PBOC cut interest rates last month for the first time in more than two years in an effort to stimulate housing demand. Photo: AFP
China property
Property /  Hong Kong & China

Falls in mainland China new home prices ease

Hopes of an immediate strong recovery continue to be weighed down by record high inventories

Langi Chiang
Langi Chiang

Updated: 6:09pm, 18 Apr, 2015

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The PBOC cut interest rates last month for the first time in more than two years in an effort to stimulate housing demand. Photo: AFP
The PBOC cut interest rates last month for the first time in more than two years in an effort to stimulate housing demand. Photo: AFP
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