Ding, Ding; Huang, Xiaoyu; Jin, Tao; Lam, W. Raphael - 2017
China's real estate market rebounded sharply after a temporary slowdown in 2014-2015. This paper uses city-level data to estimate the range of house price overvaluation across city-tiers and assesses the main risks of a sharp housing market slowdown. If house prices rise further beyond...