Here is a list of the day’s latest China real estate news collected from around the web:
- Home Sales and Property Investment Down in 2012
Home sales and property investment in China both slowed in the first two months of the year, as the correction in the real estate market deepened because of the government’s continuing curbs on the property market.
- China Should Maintain Housing Curbs, Shui On’s Lo Says
China should maintain its property curbs as any relaxation may result in a “chaotic” housing market, said billionaire developer Vincent Lo, also a member of the government’s advisory board.
- Residential Transactions Rise in March
The trade in residential apartments continued to pick up at the beginning of March, which implies that a market recovery bolstered by inelastic demand may occur in some regions. This followed the rising volume of trade, on a weekly basis, seen in the property markets of the nation’s major cities in February.
- China Inflation May Provide Room for Stimulus
China’s inflation eased to the slowest pace in 20 months while new loans, industrial output and retail sales were below analysts’ forecasts, boosting the case for easing monetary policy in the world’s second-biggest economy.