(181115) -- BEIJING, Nov. 15, 2018 (Xinhua) -- Participants stand on the roof of a skyscraper as they take photos of high-rise buildings in Chongqing, southwest China, June 18, 2018. According to a statement issued by the National Bureau of Statistics (NBS), house prices in major Chinese cities remained stable in October as local governments continued tight property regulations. On a month-on-month basis, new house prices in China's four first-tier cities - Beijing, Shanghai, Shenzhen and Guangzhou - were flat with the previous month. New house prices in second-tier cities increased slower than the previous month, while those of third-tier cities saw a faster growth rate in October. (Xinhua/Liu Chan)(clq)

China’s commercial property prices to fall next year as the liquidity crunch inflicts more pain on the industry

  • Asset owners and analysts say more bargains will be available in 2019
  • Price gap between selling price and what buyers are willing to pay will narrow
Topic |   China property

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(181115) -- BEIJING, Nov. 15, 2018 (Xinhua) -- Participants stand on the roof of a skyscraper as they take photos of high-rise buildings in Chongqing, southwest China, June 18, 2018. According to a statement issued by the National Bureau of Statistics (NBS), house prices in major Chinese cities remained stable in October as local governments continued tight property regulations. On a month-on-month basis, new house prices in China's four first-tier cities - Beijing, Shanghai, Shenzhen and Guangzhou - were flat with the previous month. New house prices in second-tier cities increased slower than the previous month, while those of third-tier cities saw a faster growth rate in October. (Xinhua/Liu Chan)(clq)
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