Favourable Financing Boosts Timely Delivery of New...
China News
August 16, 2023
The recent release of July's home price data coincided with China's decision to reduce interest rates on two lending facilities. This move not only influences mortgage rates but also has a positive effect on financing for property developers. Analysts are now speculating that there could be a further decrease in the one-year loan prime rate from banks this month, which has the potential to create an even more significant impact on the real estate market.