CITIES across China have been rolling out measures to stabilize the real estate market this month. Some have fully buying restrictions, while others eased these rules further. Experts said on Sunday that these new policies have contributed to a sustained recovery in property markets across regions, with confidence gradually bouncing back.
Since the new policies were introduced, there has been a noticeable increase in the number of people visiting and buying homes. A Beijing resident surnamed Qin told the Global Times that her property had been listed on a real estate platform for about three months, "with only sporadic viewings, most of which didn't lead to further action."
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