In yet another sign of China’s real estate crisis, 50 percent of the country’s leading real estate developers failed to reach their 2011 sales targets. According to a recent report from China Real Estate Information Corp (CRIC), only eight out… Read More>>
China Govt Advisor Says 7 Percent GDP Growth is OK
As analysts attempt to peer into China’s future and predict at what point the government may step in to stoke up a cooling market, a former advisor to China’s central bank still sees stimulus measures as unlikely unless economic growth… Read More>>
China Recommits to Real Estate Regulation as Foreign Analysts Predict Changes
As observers take stock of the performance of China’s real estate markets in 2011 and attempt to predict what what will happen in 2012, the centre of speculation is on what will happen with government regulation of the residential sector.
Analyst Poll Projects 10-20 Percent Real Estate Drop in 2012
Given the enormous volume and variety of opinions on China’s real estate market, finding a way to tabulate and compare who is predicting what should lend some clarity to the financial outlook, and happily the folks at Reuters have taken… Read More>>
Poly Profits Up 32 Percent Despite Govt Restrictions
While there has been wide speculation of financial challenges for China’s real estate developers in the face of the current market downturn, at least one major player is reporting rising profits.
Poly Real Estate, the country’s second largest developer by… Read More>>
How Not to Be a Real Estate Bozo
Most real estate companies that I meet say that they are looking to provide their customers with more than bricks and mortar — their goal is to help clients find homes, productive office spaces or efficient industrial facilities. However, most… Read More>>
Vanke and Evergrande Revenues Drop as China Market Suffers
Market leading China real estate developer Vanke saw its sales revenues drop 30 percent in December compared to the same month last year, the fifth straight month the home seller has seen declining income figures.
At the same time, the… Read More>>
China Government Land Sale Income Drops 13 Percent in 2011
Income to China’s local governments from land sales dropped 13 percent during 2011 according to statistics from the China Index Academy (part of Soufun.com) and the Ministry of Finance.
Land sales revenues in 130 cities across China totaled RMB 1.86… Read More>>
China Home Prices Fall for Fourth Month
According to recent data from China real estate website, Soufun.com, the nation’s home prices slid for the fourth straight month in December as the government made clear that it has no immediate plans to relax its controls on the property… Read More>>
Guangzhou and Nanjing May Introduce Property Tax in 2012
As China’s restrictions on residential property sales have cooled down developer demand for new land, local governments find themselves in need of some new revenue streams to fuel their infrastructure projects and maintain public services. In the case of two… Read More>>
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