| | A recent recovery in China?s residential property market has reignited worries for many that the country?s housing bubble is still expanding. However, compared to the residential property market, the commercial real estate market presents a far greater risk to the nation?s economy and urgently calls for the attention of regulators.
After the government introduced restrictions on home purchases in many of China?s urban centers, the commercial property market experienced a sudden surge in transaction volume. According to the National Bureau of Statistics, investment in office buildings and retail properties grew by 43.4 percent and 34.2 percent year-on-year respectively in the first quarter of 2012, outpacing the 19 percent growth in investment in residential property seen during the same period???????????????..Full Article: Source |
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Source: http://www.opalesque.com/Realestate_Briefing/?p=49910
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