Shenzhen may loosen housing rules

Slower economic growth likely to trigger policy easing, say experts

Residential property sales of Shenzhen, Guangdong province could increase next year, as the city might lift its housing restrictions amid slower economic growth, according to industry insiders.

Due to slowing economic growth, the likelihood of a more stringent policy environment in 2019 is low, while a more relaxed market environment is likely as the government aims to maintain stable property market performance, according to Savills, an international real estate services provider.