Activity returns to global property markets, but there’s a ‘disconnect’ between buyers & sellers on pricing
Residential property activity in China "has largely returned to normal" after two or three months out of lockdown, reports Savills. As lockdowns are lifted in other countries, the firm has surveyed its global network of agents about how international markets are changing: "The general sentiment is that things are looking positive, but the market hasn’t quite recovered yet."
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Savills has surveyed 50 of its top people in property markets around the world to gauge levels of buyer and seller pessimism and positivity, and assess how the Coronavirus pandemic is changing the residential…
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China's property market flatlined as a result of the Coronavirus lockdown, but there are already signs of recovery, says Knight Frank.
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