Market expectations may be too high as prices in some tier-1 cities, especially Shenzhen, have surged more than expected. Photo: Reuters

Shenzhen new home prices surge 66pc in August as sales volumes slow

Prices of new homes shoot up 65.5 per cent in August to keep city top in housing costs, while transactions show sharpest fall of 26.6 per cent

Topic |   China property

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Market expectations may be too high as prices in some tier-1 cities, especially Shenzhen, have surged more than expected. Photo: Reuters
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