Home prices in China’s 70 largest cities rose by an average 7.5 percent between July and August, the largest monthly gain for the cities tracked since December 2010, according to Forbes. The runaway rising prices inspire talk of a housing bubble, which, given that home purchases in China require at least a 20 percent down payment, is not buoyed by worry of defaulted loans as much as that of oversupply.

Source: Forbes

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Leaders from across the industry answered our call to come to Inman Connect and share essential advice for leveling up your 2021.SEE THE SPEAKERS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription