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Construction boom reaches China's small cities
But the surge could outpace or match the increased demand for housing, leaving inventories untouched
The property market in Bengbu, once a fishing village on the banks of the Huai River and Lake Longzi, has been among the top three fastest-growing in China's 70 main cities in recent months.
PHOTO: REUTERS
Bengbu, China
LUXURY lakeside homes and high-rise condominiums are coming up fast in China's sleepy inland town of Bengbu, a clear sign that a home-buying frenzy sweeping across the country's major metropolises and provincial capitals has reached even its smaller cities.
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