WebDec 16, 2024 · China’s real estate market is an important driver of the Chinese economy and accounts for 30% of the total GDP. The market is also one of the fastest-growing markets in the world currently. As prices … WebJan 30, 2024 · At the end of 2024, sales of luxury homes worth more than 50 million yuan ($7.3 million) fell by 40% in China compared to the previous year. The secondary luxury real estate market worth more than 150,000 …
China’s Mysteriously Resilient Real Estate Prices—Explained
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