Beijing’s new home sales last week slumped 10 per cent over the same period a year ago, while pre-owned homes sale fell 35 per cent. Photo: Bloomberg

Beijing’s heavy hand in curbing rising home prices may extend to price caps

Speculation points to 80,000 yuan per metre price cap on new Beijing homes

Topic |   China property

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Beijing’s new home sales last week slumped 10 per cent over the same period a year ago, while pre-owned homes sale fell 35 per cent. Photo: Bloomberg
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