Bifurcation is not only occurring between the rich (first-tier) and poor (third- and fourth-tier) cities in China. It is also occurring within the first-tier cities.
New homes larger than 144 sqm saw their prices increase 9% in August.
iFeng: 北京大户型住宅价格走强 上月同比上涨9%
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NMHC: "Apartment Market Continues to Loosen"
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Today, in the CalculatedRisk Real Estate Newsletter: NMHC: "Apartment
Market Continues to Loosen"
Excerpt:
From the NMHC: Apartment Market Continues to L...
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