China Developers Offering Home Buybacks in Weakest Markets

Property developers in two of China’s weakest housing markets are offering to buy back homes above the purchase price to boost sales as demand slows. In Hangzhou, where home prices fell the most in May among 70 Chinese cities watched by the government, Shanheng Real Estate Group is giving homebu…

Original post:
China Developers Offering Home Buybacks in Weakest Markets