Local-level support for the property market is stepping up a gear, with down-payment requirements being eased in a handful of cities. This follows national-level efforts to push down mortgage rates and boost mortgage lending, which already appear to be driving a rebound in demand. Daily home sales in 30 large cities are up almost a fifth this year compared with December.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services