China’s property market shows signs of bottoming out, as home sales accelerate in major cities in October
2024-11-11 09:31:57 source:Global Times
November 11, 2024
Since a series of economic stimulus policies began taking effect in late September, this year’s “Silver October” real estate transactions outpaced those of “Golden September” – the first time this has happened since 2007.
Analysts said on Monday that China’s property market development trend is quietly shifting, with continuous growth in home sales anticipated in the final months of the year.
September and October are traditionally two peak transaction months for homes, widely known in the country as the “Golden September, Silver October” period.
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