Realty mkt sees broad rebound

1st-tier city home price gains drive recovery across nation in March

Driven by growth in its four largest cities, home purchases in China gained traction nationwide in March, leading to rising confidence among experts about the housing performance during the upcoming May Day holiday, which is deemed vital to the overall stabilization of the real estate market.

Experts said the positive trajectory is likely to continue through May, paving the way for a bottoming out this year.