PROPERTY MARKET OF CHINA REBOUNDS FROM THE CORONAVIRUS PANDEMIC

Highlights:

• Sales of the property have slumped in China at the start of the pandemic with China’s economic shutdown.
• The reopening of the Chinese economy pointed to the recovery in transactions in the property market of China.
• Property sales by floor area have surged by 9.7% in May as compared to a fall of 2.1% in April.

The housing market in China is showing sign....