Government policy changes have thrown China’s booming property market into a period of paralysis that some industry executives say will last for several months, weighing on global growth prospects already battered by the turmoil in Europe. A rebound in China’s property market has been central to the nation’s rapid recovery from the financial crisis, but surging housing prices had led to increasingly open discontent from middle-class families in major cities.
Most Popular Articles
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.