Chinese property developers rally on housing market recovery, improved expectation.
2nd-hand home transactions by floor area in China's 15 major cities rose 66% y/y in Jan - Mar and in Mar, transactions rose 98% y/y, rose 49% m/m, shows research data.
![Chinese property developers rally on housing market recovery, improved expectation.](https://sgsnsimg.moomoo.com/feed_image/103055095/a2c0282f208138318ab0b3d166994061.jpg/bigmoo)
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whqqq : If China’s property market is posting these numbers it underpins strength in the greater economy and boosts consumer confidence.