For instance, Shanghai has set clear targets to improve living circumstances, renovate old houses and help rental housing for low-income groups. China’s urbanization continues to be on a fast track, and the enormous potential demand generated on this course of will present a powerful underpinning for the development of the true estate sector, Liu added. House sales up, costs flat, however listings drop in newest property data “Sales are nonetheless occurring, individuals are nonetheless making decisions about the place and how they stay, and these selections necessitate a property transaction.” The real estate developer, individually, has been slapped with a…