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August 28 new policy
Trends
- 1China's August 28 Property Policy: One Month Later▼August 28 New Policy 1-Month Review: Same-Day Sold-Out Properties & Premium Scramble Buying – Is Key City Real Estate Market Rebounding?
A month after the August 28 housing policy measures, reviews of their impact are drawing attention. Reports say some new property developments sold out on launch day, with premium projects triggering scramble buying among purchasers in major cities. Commentators are debating whether the flurry of activity marks a genuine rebound in the key-city real estate market or a short-lived burst of pent-up demand following the policy easing.