Opinion: China’s Property Market to See Short-Term Boom

After the July Politburo meeting, many Chinese cities implemented a series of new measures to support the property sector.

The most noteworthy real estate policy change in August was in Guangzhou and Shenzhen, which began to ease the definition of first-home buyers so that more people can enjoy lower mortgage rates and down payments. Beijing and Shanghai, the other two of China’s four biggest cities, followed suit on the first day of September.