After home prices jumped by as much as 76 percent in China’s first tier cities from the beginning of 2015 through the end of last year, the country’s leadership came into 2017 determined to stop speculation and cool down the… Read More>>
Local governments across the mainland continue to do their best to stamp out demand for housing this month as at least seven cities in northern, eastern and southern China introduced new regulations restricting home sales transactions in the last week.
“Housing is for housing, not speculation,” said Premier Li Keqiang at the National People’s Congress, but enthusiasm for investing in Chinese property continues unabated. Data from the National Bureau of Statistics showed total investment in real estate development in the first… Read More>>
China may be clamping down on home prices this year, but the government hasn’t been able to keep the housing market out of the headlines, especially not with the news this weekend that home prices continued to rise by double… Read More>>
China took a step designed to both cool down its housing market and perk up its economy last week when it set aside RMB 119.3 billion ($19.2 billion) to build low cost homes.
According to a story in the Wall… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Very few attractive discounts are on offer at an ongoing property exhibition in Shanghai,… Read More>>