Homelink, one of China’s largest brokerages, closes 87 Beijing offices

Beijing Homelink Real Estate, one of China’s largest brokerages, announced the closure of 87 offices in the country’s capital citing an attempt to “proactively abide by compliance requirements” amidst an increasingly tight regulatory environment for China’s real estate industry. China’s government is acting on initiatives designed to bring down soaring home prices, introducing new restrictions on home purchasing and lending that have rocked the country’s unpredictable real estate market. In March, the government raised the […] Read More >> https://therealdeal.com/2017/05/10/homelink-one-of-chinas-largest-brokerages-closes-87-beijing-offices/