Shanghai property policies and Chinese real estate

Global Business

While gold prices are rising, local housing prices are heading in the opposite direction. September and October are normally the peak season for housing sales but not this year.

In fact, the city’s unsold housing inventory hit a record-high this month. CCTV’s Zhang Jun reports.

Shanghai property policies and Chinese real estate

While gold prices are rising, local housing prices are heading in the opposite direction. September and October are normally the peak season for housing sales but not this year.