China’s housing market continued to show signs of recovery in April with sales of new homes climbing on a annualised basis for the first time in over a year.
Sales of new housing nationwide grew to RMB 485.4 billion ($78.2… Read More>>
Land Sales Fall 25% as China’s Developers Go on a Diet
Land sales for property development fell by more than 25 percent last year in China, as the country’s real estate industry struggles to cope with falling housing prices and rising land costs.
According to China’s Ministry of Land and Resources,… Read More>>
What Downturn? SOE-Led Group Pays Record $1.39B for Beijing Land
China’s real estate market may still be stuck in an eight-month long slide but China’s real estate developers still are eager to buy more land – at least in China’s largest cities. So eager that they are willing to pay… Read More>>
Standard Chartered Survey Finds Major Gloom Among China Real Estate Developers
While some analysts are predicting that the decision by China’s government to loosen home purchase restrictions will lead to a rapid recovery in the housing market, a recent survey by Standard Chartered shows that the people who need to borrow… Read More>>
China Land Sales Slip 7.7% in 2014 on Housing Slowdown
Land sales in China dropped 7.7 percent during the first half of 2014 as the slowdown in housing sales helped trigger a decrease in the amount of land sold to build new projects.
According to a recent report from the… Read More>>
Real Estate Investment Skid Slowing Down Land Prices
Investment by China’s real estate developers continued to slow during June, as the industry is squeezed between rapidly growing inventory and dropping demand, according to government statistics released today.
And these difficulties facing property firms are rapidly spreading to the… Read More>>
Land Sales in China Are Down, But Mostly Because They Went Up
China’s land sales fell 45 percent last month compared to the same period last year, but they may still be much more than they used to be.
A recent report from real estate website Soufun.com shows just how much the… Read More>>
Land Buys From Top Developers Down 78 Percent in 2014
In the past few weeks three Chinese cities have found ways to loosen restrictions on home sales and the force behind this trend can be found by tracking land purchases by the country’s top real estate developers.
Since China’s home… Read More>>
Xinyuan Real Estate Buys Land in Changsha for $112M
Xinyuan Real Estate (NYSE:XIN) today announced that it has acquired a land parcel in Changsha for RMB 688.9 million (US$112.2 million), as the residential developer made its third land purchase in China’s second-tier cities this year.
Xinyuan’s new 89,460 square… Read More>>
China to Push For More Land Sales to Rein in Home Prices
China’s Ministry of Land and Resources announced this week that it will prioritise expansion of land available for housing development as the Xi administration continues to look for market driven means of controlling home prices.
The ministry made it… Read More>>
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