New home price increases from a year earlier slowed to 15.5 per cent in Shanghai. Photo: Reuters New home price increases from a year earlier slowed to 15.5 per cent in Shanghai. Photo: Reuters
New home price increases from a year earlier slowed to 15.5 per cent in Shanghai. Photo: Reuters

Chinese wait for price cuts as property slowdown accelerates

With the mainland property market softening, developers' incentives are failing to clinch sales

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New home price increases from a year earlier slowed to 15.5 per cent in Shanghai. Photo: Reuters New home price increases from a year earlier slowed to 15.5 per cent in Shanghai. Photo: Reuters
New home price increases from a year earlier slowed to 15.5 per cent in Shanghai. Photo: Reuters
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