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China’s property market continues to sink. Since these problems became apparent some three years ago, Beijing has consistently delivered too little, too late.
Analysts predict a continued downturn for the 2024 real estate market.
FCA Chief Executive Nikhil Rathi warned higher rates may impact the real estate sector, just like how China is going through a property market crisis.
London had the highest annual percentage change, while the north-east and the south-west of the country saw the lowest.
