In China’s Surging Property Market, Falling Rents Point to Economic Pain - News Summed Up

In China’s Surging Property Market, Falling Rents Point to Economic Pain


BEIJING—Rents in China’s big cities have been falling in recent weeks, a sign of economic uncertainty in China’s otherwise gravity-defying residential property market. Nationwide, average residential rent levels in large and midsize Chinese cities fell more than 2% in June from a year earlier, for a third consecutive month of declines, according to real-estate data company Beijing Zhuge House Hunter Information Technology Co.


Source: Wall Street Journal July 21, 2020 12:04 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */