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 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

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 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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