Existing-home prices hit their highest level since October 2023, extending a rebound on stronger buying confidence, tighter supply and improving rental yields
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Prices for used homes hit their highest level since October 2023, extending a rebound driven by stronger buying confidence, tighter supply and improving rental yields. Photo: VCG
Analysts expect home prices in both primary, secondary markets to continue increasing this year as the city’s real estate…
Secondhand home prices in Beijing and Shanghai led April gains as bargain listings dried up and buyer confidence improved, though…
Second-hand home prices record a 0.03 per cent gain in June, the third straight month of improvement.
Secondary home prices have increased 1.05 per cent since April, narrowing this year’s price decline to 0.45 per cent.
Prices could rise up to 5 per cent this year given improving market sentiment and low financing costs, CBRE says.
That’s not good news for everyone
