China real estate experts bet on housing prices – and more of Today’s China Real Estate Links | March 25, 2013

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

• China real estate experts bet on housing prices

  Although it has become somewhat fashionable for Chinese property tycoons and experts to bet on home prices, their predictions are often contradictory and sometimes downright bizarre.

  Guo Jianbo, a Shenzhen-based industry insider, said last December that if home prices in major cities didn’t drop in March, he would go for a naked run in downtown Beijing.

  Others have made sky-high predictions about the industry’s prices. Dong Fan, a real estate researcher at Beijing Normal University, said average home prices in Beijing will hit 800,000 yuan (127,389 U.S. dollars) per square meter in 25 years, 40 times higher than the current average price.

• Chinese buying spree worries New Zealand

  TOUGH CHOICES: The govt must either speed up approvals for more housing or cool down the pace of buying via proper controls

  THE Chinese don’t have an easy time trying to build a presence in New Zealand. The dust has barely settled over a group of xenophobic Kiwis trying to block the sale of 16 farms to China’s Shanghai Pengxin group before the limelight shines again on cashed-up Chinese snapping up choice properties in Auckland.

• Vanke and Evergrande Rank 1 and 2 Among China Real Estate Developers

  On March 22, the Release of Assessment of 500 China Real Estate Development Enterprises & Summit of the 500 Companies was held in Beijing. The report shows that China Vanke and Evergrande continue to be the first and second of the top 10 real estate development companies in China respectively, jointly leading the national market.”

This list is updated daily, so tune in again tomorrow for more up to date information.