• China’s real estate sector grew faster than the overall economy in the second quarter as new home purchase restrictions in the biggest cities failed to deter buyers.

Economic output by real-estate brokers surged 8.8 per cent from a year earlier in the April-to-June period, while construction activities jumped 7.3 per cent, data from the National Bureau of Statistics showed on Saturday.

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Shanghai

Shanghai has tightened criteria for some home buyers. Photo: Getty Images