SHANGHAI: Cuts to down payment ratios and mortgage rates in Beijing, along with the policy optimisations in some of China’s largest cities, will create a better environment for homebuying sentiment in the second half of the year, help boost market confidence and stabilise the entire property market, say realty experts.
After Beijing eased home buying requirements last Wednesday, Shanghai and Guangdong province’s Shenzhen and Guangzhou announced their own comparable policies the following day.
