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