unsold homes

New Business

Hong Kong’s July used-home price index drops to an 8-year low amid tepid property market

The prices of lived-in homes fell 1.9 per cent in July from the previous month, dragging the official benchmark to…

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New Business

Shenzhen joins Chinese local governments taking unsold homes off developers’ hands

Shenzhen has become the first tier-1 Chinese city to buy up unsold homes, joining several other local governments that heeded…

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