Skip to content
Subscriber Only

China Home Sales Growth to Slow on Property Curbs, Moody’s Says

China’s property sales and prices growth will slow, while the market’s outlook is stable after the government issued property curbs, said Moody’s Investors Service.

Sales growth will decelerate to about 10 percent over the next 12 months from last year amid reinforcement of home-purchase restrictions, Hong Kong-based analysts led by Franco Leung wrote in a report today. Urbanization and favorable mortgage financing for first-time homebuyers will support demand and sales volume, according to the report.