7. Real estate market in certain cities to rebound
Real estate market will further diverge after the rate cut, with first-and second- tier cities benefiting from improved market liquidity, said Yan Yuejin, analyst of Shanghai E-house research agency, to China Business News.
It added that Beijing, Shanghai, Guangzhou, Shenzhen, Xiamen and Nanjing are most likely to see a rebound in property market.
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An employee introduces models of residential apartment buildings to a homebuyer during a real estate fair in Huaian city, east Chinas Jiangsu province, September 21, 2014. [Photo/IC] |
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