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CBRE Shang Fulin

Banking Regulator Focuses on China Real Estate Market Risks

CBRE Shang Fulin

2014/07/28 by Michael Cole Leave a Comment

China’s chief banking regulator vowed last week to limit the amount of leverage in the country’s real estate sector this year and to be on the lookout for illegal lending practices as the country’s property developers continue to come under… Read More>>

China's chief banking regulator vowed last week to limit the amount of leverage in the country's real estate sector this … Read more>>>

Agricultural Bank of China

China Mortgage Discounts to Reappear in Shanghai in August

Agricultural Bank of China

2014/07/28 by Michael Cole 1 Comment

China’s state-owned banks are wasting little time in implementing the government’s decision to loosen up mortgage credit, as the Agricultural Bank of China announced last week that it would begin offering discounts on home loans starting next month.

According to… Read More>>

China's state-owned banks are wasting little time in implementing the government's decision to loosen up mortgage … Read more>>>

China construction

China Land Sales Slip 7.7% in 2014 on Housing Slowdown

China construction

2014/07/28 by Michael Cole Leave a Comment

Land sales in China dropped 7.7 percent during the first half of 2014 as the slowdown in housing sales helped trigger a decrease in the amount of land sold to build new projects.

According to a recent report from the… Read More>>

Land sales in China dropped 7.7 percent during the first half of 2014 as the slowdown in housing sales helped trigger a … Read more>>>

China mortgage discount

Mortgage Discounts Expected as China Home Sales Continue Slide

China mortgage discount

2014/07/24 by Michael Cole Leave a Comment

A survey this month of economists and analysts tracking China’s real estate sector found that nearly three-quarters of the market experts expect a return of preferential mortgage rates for first-time buyers in the coming months. The shift in credit policy… Read More>>

A survey this month of economists and analysts tracking China's real estate sector found that nearly three-quarters of … Read more>>>

5 Corporate Avenue

Shanghai Office Rents Stable as New Towers Debut

5 Corporate Avenue

2014/07/23 by Michael Cole Leave a Comment

Grade A office rentals in Shanghai held fast during the second quarter, despite three major new buildings coming on the market. However, the outlook for 2015 and beyond could hold trouble for some projects as the city now has more… Read More>>

Grade A office rentals in Shanghai held fast during the second quarter, despite three major new buildings coming on the … Read more>>>

Fortune China 100

Half of China’s Real Estate Royalty Drop Out of 100 Richest Families

Fortune China 100

2014/07/22 by Michael Cole Leave a Comment

While China’s real estate downturn has yet to create the kind of distress seen in the US in 2008, it still is taking a toll on the fortunes of the country’s commercial kings and queens, according to Fortune magazine.

In… Read More>>

While China's real estate downturn has yet to create the kind of distress seen in the US in 2008, it still is taking a … Read more>>>

Hangzhou housing

China Housing Prices Fall in 55 Out of 70 Cities

Hangzhou housing

2014/07/21 by Michael Cole Leave a Comment

China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>

China's housing market is now sliding nationwide, as government statistics released on Friday show falling home prices … Read more>>>

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

National Auditors Allege RMB9.37B Fraud and Abuse in Public Housing

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

2014/07/21 by Michael Cole Leave a Comment

China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the program seems to first be creating opportunities for massive fraud and abuse of funds.

The country’s National Audit Office issued a statement… Read More>>

China recently set aside RMB 119.3 billion ($19.2 billion) to provide affordable housing for its middle-class, but the … Read more>>>

Wu Zhizhong

Lust for Real Estate (and Porn) Fells Chinese Officials

Wu Zhizhong

2014/07/21 by Michael Cole Leave a Comment

Details of the downfall of another set of local officials felled by the Xi Jinping government’s anti-corruption campaign were released last week, and once again the misbehaving bureaucrats were accused of accumulating vast real estate holdings. (As well as a… Read More>>

Details of the downfall of another set of local officials felled by the Xi Jinping government's anti-corruption campaign … Read more>>>

China land auction

Real Estate Investment Skid Slowing Down Land Prices

China land auction

2014/07/16 by Michael Cole Leave a Comment

Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.

And these difficulties facing property firms are rapidly spreading to the… Read More>>

Investment by China's real estate developers continued to slow during June, as the industry is squeezed between rapidly … Read more>>>

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