Wuhan Joins Major Chinese Cities in Shift Towards Completed-Home Sales

Why Wuhan’s property overhaul focuses on supply – not demand

Reforms focus on improving housing supply and delivery rather than boosting demand, analysts say.

Wuhan joins major Chinese cities in shift towards completed-home sales

A complete supply-side transformation of China’s housing market is likely to take precedence over any immediate revival in homebuyer demand following Wuhan’s overhaul of new-home sales, according to property analysts. Wuhan, capital of the central Chinese province of Hubei, is the fourth major…