Two small signs that the Chinese real estate bubble is continuing, despite token efforts to slow the boom:
1) The amount of residential property sold last week in Shanghai was up 42% month-over-month, setting a 49-week high, according to Capital Vue.
2) The most expensive home ever in Hong Kong’s Kowloon district just sold for US$210 million, according to South China Morning Post.
This is probably a sign that last week’s slew of new property regulations isn’t working.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.