China’s property prices may slide in second half of 2017

  • China’s property prices may slip in the second half of 2017 if the overall economic growth rate keeps sliding, a prominent government think-tank said on Thursday.

“If macroeconomic growth continues to slide, property prices may once again fall overall in the second half of 2017,” the Chinese Academy of Social Sciences (CASS) said in its “blue book” report on China’s property market.

READ MORE VIA REUTERS

Buildings of a residential compound are seen in Zhengzhou, Henan Province, China, April 17, 2016. REUTERS/Stringer

Buildings of a residential compound are seen in Zhengzhou, Henan Province, China, April 17, 2016.