China’s residential real estate market continued to slow in March as price increases slackened and the number of sales fell in many cities across the country. The market also reported more cases of developers discounting homes to reduce inventories, even… Read More>>
China Housing Market Slows For Second Straight Month
Growth in average new home prices in China’s 70 biggest cities slowed to 8.7 percent in February compared to the same period last year, down from 9.6 percent growth the previous month according to analysis of official figures by Mingtiandi.
China Real Estate Stocks Drop as Home Price Growth Slackens
After months of record gains in home prices, China’s real estate market showed signs of cooling down this week when official statistics revealed price growth of less than one percent in the country’s first-tier cities. The weakness in property prices… Read More>>
Beijing Approves Sale of RMB 100k Per Square Metre Homes
Beijing’s city government announced pre-sale approvals for two new — and record-breakingly expensive — real estate projects in China’s capital.
According to a report in the South China Morning Post, a permit was issued on Sunday for a project in the city’s Chaoyang district to begin selling units with prices as high as RMB 100,537 per square metre, with the cheapest units being priced at RMB 53,072 per square metre.
Education Drives Location in Beijing Home Market – Today’s China Real Estate Links | December 10, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Zhong Jian and his wife are willing to pay double the going rate… Read More>>