Although new construction has fallen 22 per cent and sales slumped 7.8 per cent this year, few see a national bubble forming. Photo: Reuters Although new construction has fallen 22 per cent and sales slumped 7.8 per cent this year, few see a national bubble forming. Photo: Reuters
Although new construction has fallen 22 per cent and sales slumped 7.8 per cent this year, few see a national bubble forming. Photo: Reuters
Property /  Hong Kong & China

Housing still seen as growth driver for China's economy

While economists agree there is oversupply, opinion is divided on whether it is a bubble

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Updated: 2:20am, 24 May, 2014

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Although new construction has fallen 22 per cent and sales slumped 7.8 per cent this year, few see a national bubble forming. Photo: Reuters Although new construction has fallen 22 per cent and sales slumped 7.8 per cent this year, few see a national bubble forming. Photo: Reuters
Although new construction has fallen 22 per cent and sales slumped 7.8 per cent this year, few see a national bubble forming. Photo: Reuters
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