Du Jinsong on China’s real estate market

Global Business

Du Jinsong on China's real estate market

China’s housing market appears to be finding its footing. July’s home prices rose in more than 30 major cities surveyed by the National Bureau of Statistics.

Du Jinsong on China\'s real estate market

Du Jinsong on China\'s real estate market

China's housing market appears to be finding its footing. July's home prices rose in more than 30 major cities surveyed by the National Bureau of Statistics.

Top tier markets saw particularly strong growth and high demand, but new home construction fell 17 percent from last year, as millions of unsold homes are still on the market.
CCTV America’s Michelle Makori talked to Du Jinsong, Head of Asia Property Research at Credit Suisse, on China’s real estate market.