Buyers hunt bargains amid signs that China’s home prices are bottoming out

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Expectations have heightened in major Chinese cities like Shanghai that home prices are bottoming out following a six-year property slump, as would-be buyers actively hunt bargains amid the recent policy easing.Brisk transactions are also shoring up brokers’ confidence in the market where the prices of some lived-in flats have almost halved from their peak.“Most of the buyers are not betting on a turnaround, they just feel that home prices are more attractive now as the authorities could...