Chinese cities account for the top eight rankings in Global Residential Cities Index compiled by international real estate group Knight Frank.
Nanjing topped the chart, posting price growth of almost 43 per cent in the 12 months to the third quarter of 2016.
Shanghai was not far behind with growth near 40 per cent, followed by the technology hub of Shenzhen of 35 per cent. Prices surged more than 30 per cent in the capital, Beijing.
China’s policymakers have moved to cool the market in recent months.
Photo of Shenzen – China
Sold in lockdown by Winnie Leung & Steve Brennan, for more details call on 021 554 818. Brick free standing unit 2 bedroom, 1 bathroom, open plan kitchen, dining and lounge area which flows out to a deck area. 1/2 share in 842m2 land plus a separate attached garage. Downstairs … Read more
Although our doors are shut we are doing online appraisals or if you would like a market snapshot of your area please call now on 09 410 2828 or text 021 685 944.