Asia real estate and outbound investment news
With China’s banks facing competition for deposits from trusts on one side and online wealth management products on another, nearly 90 percent have ended mortgage discounts for first time home buyers.
The end of preferential rates was revealed in a… Read More>>
China’s 10 biggest developers poured more than half of their RMB 63.9 billion (US$10.5 billion) in land purchases this year into four of the country’s biggest cities as competition for prime locations increases.
A recent report in the Securities Daily… Read More>>
Sales of commercial property dropped by as much as 72 percent in 43 of 90 cities across China last month, according to a report released by a division of real estate agency e-House.
The report published this week by CRIC, the real estate information division of e-House finds that Beijing recorded only 6094 commercial real estate transactions during January, and in terms of area, only 744,300 square meters were sold.
Here is a list of the day’s latest China real estate news collected from around the web:
China’s second- and third-tier cities are often cited as engines for… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Sotheby’s International Realty Affiliates LLC, the real estate unit of the auction… Read More>>
Data released on Friday showed home prices continuing to drop, with home prices nationwide reaching a 16-month low.
In the figures published on Friday by China Real Estate Index System (a division of Soufun.com, China’s biggest real estate website) out of… Read More>>
In yet another sign of China’s real estate crisis, 50 percent of the country’s leading real estate developers failed to reach their 2011 sales targets. According to a recent report from China Real Estate Information Corp (CRIC), only eight out… Read More>>
CRIC the NASDAQ-listed former subsidiary of E-House is soon to move back in with its parents as its stock price has dropped from US$9.60 a share a year ago to US$4.05 this week.
CRIC which sells data on China’s residential… Read More>>
