Beijing is expected to lead the recovery as the supply glut there is less severe and demand is stronger, but buyers are still cautious. Photo: AFP

A sustainable housing recovery in Beijing requires more policy relaxation

Homebuyers in nation's capital remain cautious despite two major policy moves within past month, leaving second half market outlook uncertain

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Beijing is expected to lead the recovery as the supply glut there is less severe and demand is stronger, but buyers are still cautious. Photo: AFP
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