Brand new lingering lowering of home prices keeps eroded not simply the latest insightful homeowners and also their depend on
Inside August, number 1 casing cost inside the level-you to cities fell 4.2% season towards the seasons. Of four level-you to definitely towns and cities, merely Shanghai spotted an increase in rate (4.9%). To own second- and you may third-tier cities, recently built construction rates dropped of the 5.3% and you can 6.2% seasons to your 12 months, respectively. Read more