China housing market gets VAT relief on resales but demand outlook stays subdued

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Source: South China Morning Post
Published: 2025-12-31 20:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Property, Asia, Economy & Finance, China, Financial Markets, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
Policy lowering VAT to 3 per cent reduces seller costs but demand recovery is key to stabilising the housing sector, property agents say
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