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BRIEF-Moody's Says Mortgage Defaults Could Dampen China's Property Sales Recovery

BRIEF-Moody's Says Mortgage Defaults Could Dampen China's Property Sales Recovery

Reuters · 07/28/2022 04:39
BRIEF-Moody's Says Mortgage Defaults Could Dampen China's Property Sales Recovery

- MOODY'S:

  • MORTGAGE DEFAULTS COULD DAMPEN CHINA'S PROPERTY SALES RECOVERY

  • SALES RECOVERY IN CHINA COULD SLOW DUE TO WEAKER HOMEBUYER CONFIDENCE AFTER RECENT MORTGAGE DEFAULTS

  • EXPECT REGULATORY BODIES IN CHINA TO ROLL OUT MEASURES TO CONTROL PROJECT COMPLETION RISKS

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((Reuters.Briefs@thomsonreuters.com;))