Good news for struggling property developers at long last – it seems as if the decline in housing starts is finally beginning to level off in many parts of the country, while in a few places, the number of developers breaking ground is actually starting to rise, according to a report in US News. Housing
China Finally Begins to See Nationwide Price Cuts for New Homes
November 7, 2011 by
Home buyers in China are finally seeing prices of new homes come down, as developers’ battle against increasing inventories and ever stricter government measures. The price drops were begun by one of the country’s largest real estate developers, China Vanke, who have lowered the prices of housing projects in Beijing and South Guangdong province, with
