How are Australian Property stocks faring as China stumbles?

While Chinese property developer Evergrande captures the headlines around the world, in both the financial & everyday press, the global real estate index has only slipped a few percent from its all time high. The Chinese giant may have 1 million unfinished homes making it a very real and large problem for Beijing, and companies linked to the construction industry in the world’s 2^nd largest economy, but it’s clearly having no impact on the general property market around the world – just check out auction results in Sydney and Melbourne!