Outlook for real estate investment market remains positive
May 29, 2017 Category Real estate, Weekly
The outlook for China’s real estate investment market is expected to be positive in 2017 despite a decline in transactions in the first quarter, Colliers International said. Between January and March, en bloc property transactions across the country fell 25% year-on-year to USD5.3 billion because of scarce high-quality property assets available for sale rather than lack of demand. “We expect investment activity to pick up over the rest of 2017 and come close to last year’s record, as China’s economy continues to expand while concerns over international trade and politics are easing,” said Andrew Haskins, Executive Director of Research for Asia Operations at Colliers.
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