New home sales in Shenzhen gained 143.96 per cent last month from February to 507,200 square metres. Photo: Bloomberg
New home sales in Shenzhen gained 143.96 per cent last month from February to 507,200 square metres. Photo: Bloomberg

new | Price cuts boost China new home sales

Momentum is expected to gain traction in the next few months in the face of Beijing's policy relaxation after sales of new homes surge 80pc

New home sales in Shenzhen gained 143.96 per cent last month from February to 507,200 square metres. Photo: Bloomberg
New home sales in Shenzhen gained 143.96 per cent last month from February to 507,200 square metres. Photo: Bloomberg
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