SHANGHAI -- China's embattled property market saw a glimmer of hope in January with new home prices ticking up after Beijing dismantled years of COVID-19 curbs and rolled out policies to support the sector.
January's price rise in 70-cities index offers glimmer of hope for sector
Apartment towers in Beijing's Kaisa Plaza. China's property market has been embroiled in a developer debt crisis. © Reuters
SHANGHAI -- China's embattled property market saw a glimmer of hope in January with new home prices ticking up after Beijing dismantled years of COVID-19 curbs and rolled out policies to support the sector.