Today news
About the same in other media
China’s Housing Market Has Plenty of Space but Not Enough Buyers
Reading now: 928
wsj.comHONG KONG—China’s property market appears to have stabilized after a two-year downturn. But one problem continues to hold back its recovery: a major oversupply of unsold apartments.
China had 3.5 billion square feet of finished but unsold apartments in February, according to Wind, a data provider. That is equivalent to around 4 million homes, according to some estimates. It is also the worst oversupply in China since 2017, when it was in the midst of a “slum clearance” program meant to boost demand for new housing by tearing down old, dilapidated buildings.
Read more on wsj.comAbout this in other media
HashKey launches wealth management service citing ‘significant’ demand cointelegraph.com /1 year ago
Wealthy west has little excuse after finally waking up to global debt crisis theguardian.com /1 year ago
Most Americans are not confident in how China's Xi will handle world affairs, Pew survey finds cnbc.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Enjin Coin’s [ENJ] volume hits YTD peak, this was the driving force](https://finance-news.co/storage/thumbs_400/img/2023/4/9/63503_nbn.jpg)
