China’s Second-Tier City Hefei and Its Real Estate Frenzy | Tencent
Xiao Xian and Jiang Hai—Tencent “Highlight” Channel
Hefei, the capital and largest city of Anhui Province, recently joined the ranks of second-tier cities in China. Soon after, Hefei witnessed a real estate frenzy and a tremendous increase in housing prices. Tencent reports the housing market in the non-hotspot city experienced more growth than the capital, Beijing, in February 2016.
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Hefei, the capital and largest city of Anhui Province, recently joined the ranks of second-tier cities in China. Soon after, Hefei witnessed a real estate frenzy and a tremendous increase in housing prices. Tencent reports the housing market in the non-hotspot city experienced more growth than the capital, Beijing, in February 2016.