BEIJING (Reuters) – China’s biggest cities could see a further spike in home prices after inventories of unsold homes fell sharply in July, state news agency Xinhua reported on Tuesday, citing an industry report.
China´s real estate crisis worsens as a major Shanghai developer defaults
Another prominent Chinese developer has gone bankrupt, adding to the woes of the world’s second-largest economy’s real estate sector. Another prominent Chinese developer has gone … Read more