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: AFPBeijing 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
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
Property /  Hong Kong & China

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

Langi Chiang
Langi Chiang

Updated: 6:28pm, 1 May, 2015

Why you can trust SCMP
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: AFPBeijing 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
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
READ FULL ARTICLE