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China’s economic stimulus gathers pace with consumption and property moves, but more needed for drastic reversal

China’s economic stimulus gathers pace with consumption and property moves, but more needed for drastic reversal

China’s economic stimulus efforts have gained momentum through initiatives aimed at boosting consumption and the property sector. However, experts argue that further measures are required to achieve a significant economic turnaround. Although progress has been made, a more aggressive approach is necessary to address the challenges ahead.

Private home prices, rents rise at a faster pace in Q3 2022, HDB resale price growth moderates in Q3 and more

Private home prices, rents rise at a faster pace in Q3 2022, HDB resale price growth moderates in Q3 and more

Private home prices and rents experienced a rapid surge in the third quarter of 2022, indicating a strong real estate market. However, the growth in HDB resale prices showed signs of moderation during the same period. These observations highlight the ongoing dynamics of the housing sector, posing implications for homeowners, investors, and policymakers alike.