Housing market still a sensitive social issue

Real Estate | Mike Bastin

Even though 2013 is well under way there remains considerable disagreement over the current and future state of the housing sector in China. Some even question the impact of government policies in this sector over the past few years, citing recent increases in house prices in some cities.

Recent property price increases, together with a decrease in the value of land sales to 2.69 trillion yuan ($427 billion) in 2012, have led to a cloud of confusion hanging over the industry.