Govt Announces Continuation of Real Estate Controls – and more of Today’s China Real Estate Links | December 17, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• Govt Announces Continuation of Real Estate Controls

  China will continue its property market control policies next year, according to a statement issued Sunday after a two-day central economic work conference held in Beijing.

  The country will step up the construction and management of low-income housing, as well as the renovation of run-down areas, according to the conference, which charts the course for the following year’s economic work.

• China Think-tank Warns of Real Estate Rebound

  A government think tank has warned that 2013 may see continued rises in real estate prices and face the risks of market collapses in some localities.

  According to a green paper on China’s housing sector released by the Chinese Academy of Social Sciences (CASS) on Thursday, the academy is worried that many indexes of the country’s housing market have shown rising trends in recent months.

• Dalian Wanda Founder Expects Strong Real Estate Demand

  China’s property prices will grow moderately over the next 10 years, according to the chairman of one of China’s biggest conglomerates.
  “As China’s urbanization process develops, there will be strong demand in the domestic property market over the next 10 years. A tumble is not likely, but (there will be) an increase in the nation’s property prices. But the growth will be limited because more rigorous real estate policies are expected to be put in place,” said Wang Jianlin, chairman and founder of Dalian Wanda Group.

This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe to our daily email news digest to get this delivered to your mailbox.