It’s a new year already, but China’s housing regulators have reaffirmed their intention to keep a tight grip on the country’s housing market, as the second-largest city in Hunan province made a quick about-face after attempting to lift a cap… Read More>>
Shandong City Lifts Ban on Flat Flipping and More Asia Real Estate Headlines
In each cycle of policy restrictions and market slowdowns mainland municipal governments squeezed by falling revenues look to test the limits of Beijing’s tolerance, with a city in Shandong province testing the strength of that leash today. Also in the… Read More>>
China’s MOHURD Rolls Out Social Credit System for the Real Estate Industry
To follow through on President Xi Jinping’s vow of “homes are for living, not for flipping”, China’s primary real estate regulator on Thursday announced penalties for companies which mislead customers and cheat on regulations designed to promote transparency in the… Read More>>
China’s Housing Ministry Inspects 30 Cities in Two Weeks to Exterminate Housing Speculators
Since the end of June China has moved to clamp down further on housing speculation as the government shows its determination to enforce President Xi Jinping’s vow at last year’s party congress that, “homes are for living, not for flipping.”
Shanghai Existing Home Sales Fell 22% in April Amid Credit Clampdown
Sales of existing homes in Shanghai fell by almost one-fourth last month as the Chinese government continues to clamp down on sales of pricey housing in an effort to keep residential real estate prices steady.
The city saw some 13,550… Read More>>
China Home Prices Rise in 57 of 70 Cities After First-Tier Markets Frozen
Home prices are rising across China, but smaller cities are getting most of the action, the latest official data shows.
New home prices, excluding government-subsidized housing, rose in 57 out of 70 cities nationwide in December, according to figures from… Read More>>
China Bans Condo Flipping in Second Tier Cities
China wants its citizens to know that housing is for living, not for flipping. In the country’s latest regulatory move to dampen speculation in the residential market and rein in buoyant prices, eight second-tier cities including Chongqing have rolled out… Read More>>
Mainland Developers Push Parking as Govt Dictates Home Prices
Beleaguered home buyers in China’s largest cities look like they’ve caught a break this year, as average housing prices in Beijing slid 0.1 percent in July and subsided by 0.2 percent in Shenzhen after growing more than 40 percent last… Read More>>
Shanghai Homebuyers Protest Govt Ban of Commercial-Titled Homes
Hundreds of chanting protesters took to the streets to voice their displeasure with new housing regulations in Shanghai on Saturday night, with video surfacing on social media of a large crowd marching in a busy downtown shopping district and ultimately… Read More>>
China Hits Developers With Sales Rules as Govt Takes Direct Control of Home Prices
Frustrated in its attempts to dampen demand for new housing among Chinese homebuyers, China’s chief housing regulator is aiming its regulatory might at real estate developers, as the government shows its determination to cool down an ever-rising property market.
On… Read More>>
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