There's still room for moderate growth
By Wu Yiyao in Shanghai | China Daily | Updated: 2016-12-12 07:45
To buy or not to buy - that's the question for Hu Chengru, 39, a prospective homebuyer in Shanghai.
Hu had realized some 3.6 million yuan ($529,000) from the sale of her old apartment earlier this year. Now, she would like to buy a more spacious flat for "upgrading" the quality of her life. But she is still waiting for the right time to buy.
"Every day, I ask whoever I think may have some knowledge about the real estate market: 'Will the home prices drop in Shanghai?'
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