Things are getting quiet on the mainland as authorities continue to step up enforcement of home sales restrictions in a crackdown first launched in late June. During September home sales fell by 3.6 percent in terms of floor space, marking… Read More>>
China Home Prices Jump 1.2% as Clampdown Pushes Buyers to Smaller Cities
Average prices for new homes in China rose 1.2 percent in July, defying government efforts to ensure housing affordability and to clamp down on property speculation. It was the largest month-over-month increase in two years, as 67 out of 70… Read More>>
China Home Prices Jumped 1% in June and More Asia Real Estate Headlines
Mainland authorities have clamped down on credit, punished fake divorcees and chased down naughty brokers in their campaign to stamp out housing inflation, but home prices just rose by their fastest pace in twenty months. While homebuyers still want condos,… Read More>>
Home Prices Drop in Beijing, Shanghai and Shenzhen as China Property Freeze Drags On
The number of mainland cities seeing new home prices rise dropped to 44 in February from 50 the previous month, according to the latest figures from China’s National Bureau of Statistics, as demand suppression measures decreed by the government continued… Read More>>
China Home Price Growth Frozen in August as Curbs Take Effect
Growth in prices of new homes in China’s major cities nearly ground to a standstill in August, slowing still further from July, according to official data released on Monday, as demand suppression measures continue to lock down the housing market.
China Home Prices Support Govt Stability Drive With a Motionless May
Fewer Chinese cities saw housing price gains in May compared to the previous month as official measures to smooth out a bubbly residential market have begun to take effect. According to figures released by China’s National Bureau of Statistics (NBS)… Read More>>
Xi’an Shuts Down 12 Vanke Projects After Accusing Top Developer of Illegal Sales
China’s government has made controlling its frothy real estate market a top priority in 2017, and authorities in Xi’an have taken this war on homebuying to a new level by shutting down sales of 12 projects belonging to the country’s… Read More>>
China Real Estate Investment Climbs 9.1% as Confidence Grows
“Housing is for housing, not speculation,” said Premier Li Keqiang at the National People’s Congress, but enthusiasm for investing in Chinese property continues unabated. Data from the National Bureau of Statistics showed total investment in real estate development in the first… Read More>>
China Home Prices Rose 12.4% in February and More Asia Real Estate Headlines
China may be clamping down on home prices this year, but the government hasn’t been able to keep the housing market out of the headlines, especially not with the news this weekend that home prices continued to rise by double… Read More>>
BlackRock Tracks Chinese Assets From Outer Space and More Asia Real Estate Headlines
Getting information on the China market can be tough, but leading the news today is a report that asset manager BlackRock now suggests that investors may have to travel halfway to the moon for clearer answers on mainland businesses. Also… Read More>>
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