This is the week that China issues its latest batch of monthly data on the real estate sector, as tighter policy enforcement in the country’s major cities leads to fewer home sales and less investment, while prices rise in smaller… Read More>>
China Home Sales Volume Drops to 35-Month Low and More Asia Real Estate Headlines
China’s home sales are falling to a new low, just as mainland developers face a wall of maturing debt. So it’s time for another policy change. Also in the news, Wharf is spinning off some of its core Hong Kong… Read More>>
Find Out Which China Housing Markets Are Now on the Rebound
Prices are rising in more cities, more homes are selling, and even land sales have rebounded. If China weren’t still piling up more unsold homes the real estate market would look more encouraging than it has since the country’s property… Read More>>
China Housing Sales Fall By 10.9% in 2014 as Economy Slows
China’s sales of homes fell by 10.9 percent during the first eight months of 2014 compared to the same period last year – an even more dramatic slowdown than the 10.5 percent drop recorded during the period through July.
The… Read More>>
China Housing Sales Drop 10.5% in 2014 as Credit Dries Up
Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.
According to figures released by… Read More>>
Govt Said Set to Ease Housing Restrictions in More than 30 Cities
China’s government signalled that it is eager to revive the country’s housing market on Friday when the official China Securities Journal reported that the central authorities would allow cities to ease policy restrictions on home sales depending on market conditions.
Moody’s Downgrades China’s Property Industry to Negative
Increasing investor pessimism about China’s real estate market has put a scare into at least one of the world’s largest credit agencies, as Moody’s Investor Service this week downgraded the country’s property sector from stable to negative.
In a report… Read More>>
Housing Misery Maps Going Viral on China’s Weibo
The depressing economics of China’s housing bubble are going viral on the Weibo microblogging platform this week as a series of maps is sparking discussion among the country’ netizens about the unaffordability of homes nationwide.
The maps, which compare and… Read More>>
China Real Estate Company Profits Down 5.36 Percent in First Quarter
More than half of China’s listed real estate companies saw profits shrink during the first quarter of 2014, according to recent figures from an independent financial information provider. The country’s once booming property sector has been suffering through one its… Read More>>
Home Price Slowdown Brings Drop in Sales and Construction in Q1
Growth in China’s housing prices continued to slow during March, and a slackening in transactions brought housing sales revenues for the quarter down 7.7 percent compared to the same period last year. And now the market slowdown seems to be… Read More>>