Economists are predicting that the central bank would soon lower deposit requirements and mortgage rates for first-home buyers. Photo: EPA Economists are predicting that the central bank would soon lower deposit requirements and mortgage rates for first-home buyers. Photo: EPA
Economists are predicting that the central bank would soon lower deposit requirements and mortgage rates for first-home buyers. Photo: EPA

China developers resist pressure to cut prices, leading to market standoff

Developers hold firm on prices in hope of policy support, but mainland buyers opt to wait it out

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Economists are predicting that the central bank would soon lower deposit requirements and mortgage rates for first-home buyers. Photo: EPA Economists are predicting that the central bank would soon lower deposit requirements and mortgage rates for first-home buyers. Photo: EPA
Economists are predicting that the central bank would soon lower deposit requirements and mortgage rates for first-home buyers. Photo: EPA
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