Secondary Property Sales in China See Significant Rise Following Policy Incentives
Thursday, 4 July 2024, 00:00
![South China Morning Post](https://store.livarava.com/bd7af94b-399a-11ef-bf80-91148d8070a3.jpg)
Key Points:
In June, secondary-market property sales in Beijing, Shanghai, and Shenzhen surged to a 14-month high.
New home sales experienced a decline attributed to delivery uncertainties.
Buyer preferences are shifting towards the secondary property market.
- Implications: Policy incentives are influencing consumer behavior.
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