Macau’s gaming industry claims another casualty as a top official at Sheldon Adelson’s troubled Asian outlet hits the road after just four months. Also in the headlines today, Hong Kong developers rush to launch new projects amidst a frothy market,… Read More>>
4 Chinese Cities Now Among World’s Least Affordable for Home Prices
2016 was supposed to be the year that Hong Kong housing prices began to tumble, but the only thing falling seems to be new sales records for expensive flats, as an independent survey shows the city’s homes to be the… Read More>>
China Home Price Slowdown Continues After Policy Restrictions
Prices for China’s newly constructed homes continued to climb in November, albeit showing a sign of slowdown amid government’s efforts to cool the property sector. New home prices across 100 major cities inched up 0.88 percent last month, down from… Read More>>
Shanghai and Tianjin Hike Down Payments as Wang Jianlin Warns on Housing Bubble
Despite the attempts of China’s official statistics keepers to demonstrate the stability of the country’s housing market, local governments continue to tighten home buying measures as prices trend upward.
This week saw Shanghai and Tianjin strengthen recently implemented cooling measures… Read More>>
Packer Casino Staff Formally Arrested By Chinese Cops and More Asia Real Estate Headlines
It may be Thanksgiving in the US today, but some of those in the real estate industry outside of America won’t be giving thanks on this Thursday. James Packer is reeling after Chinese authorities arrested three of his employees while… Read More>>
Home Prices In China Still Rising But Harvard Brushes Off Bubble Fears
The China Index Academy finally released their monthly data on the country’s housing market and while home prices didn’t rise at the eye-melting pace of previous months, the average price of homes in China continued to climb — rising 1.65… Read More>>
China’s Housing Statistics Join the Struggle Against the Bubble
For the first time ever, the National Bureau of Statistics released data mid-month as the keeper of China’s economic figures painted a picture of cooling home prices in its survey of average housing markets in 70 leading cities across the… Read More>>
Greenland Group Helps Nanjing Sell $6B in Land in One Week
While residents of Nanjing are accustomed to looking up to see Qixia Mountain or to check out the region’s fantastic foliage during the fall, they will need to keep gazing upwards to catch a glimpse of the city’s skyrocketing land… Read More>>
Shanghai Home Prices Now Up 31% in 12 Months as Housing Fever Rages
Home prices in Shanghai, including government subsidized housing, rose by 4.4 percent last month, according to figures released by the National Bureau of Statistics. Prices in the city have risen 31.2 percent in the past 12 months as the government’s stimulus… Read More>>
China’s Housing Boom Returns to Second-Tier Cities as Govt Clampdown Looms
New home prices in 100 major Chinese cities climbed 2.71 percent in August and have increased 13.75 percent during the past year. More cities have hiked down payment requirements and put other buying restrictions in place to curb soaring prices… Read More>>
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