China said its economy grew 7.6% in the second quarter compared with a year earlier, according to the latest government figures. But the real story may be bleaker still.
According to the latest GDP figures released by China’s Bureau of… Read More>>
China Housing Prices Fall for Second Straight Month
China’s residential real estate prices fell for the second month in a row in April compared to rates in 2011. The average transaction price for home sales fell 1.2 percent according to data released on Friday by the National Bureau… Read More>>
China Lowers Bank Reserve Requirements as Real Estate Investment Plunges
In the face of increasingly gloomy economic data, China’s central bank announced on Saturday that it would be lowering bank reserve ratio requirements by 0.5 basis points effective May 18th. The move is aimed at increasing the available credit supply… Read More>>
9 Things You Should Know About China’s Sliding Real Estate Prices
It’s the statistical time of the month again, and the fresh batch of numbers from China’s National Statistics Bureau show a sixth straight month of slipping home prices for many cities in the nation.
This month’s figures show that the… Read More>>
China Real Estate Restrictions to Remain Despite Downturn in Data
China’s economic data for the first quarter of 2012 is now being reported and the results are not pretty. Perhaps the most outstanding number is the 8.1 percent GDP growth, which underperformed analyst estimates of 8.4 percent, and has led… Read More>>
Home Prices Fall in 45 of China’s Top 70 Cities
Continuing the downward trend in China’s residential real estate prices, the National Statistics Bureau announced today that the average price paid for residential real estate fell on a month to month basis during February in 45 of the 70 cities surveyed… Read More>>
China Real Estate Prices Drop for Fourth Straight Month
The government’s efforts to rein in runaway real estate prices in China continued to have an impact in January as the latest data show that average new home prices across the country dropped 0.2 percent compared to December.
The fall… Read More>>
10 More China Real Estate Stats and News Round-Up
As we get ready for another long spring festival holiday here in China, the top guys in the Beijing government may just be getting a slightly larger hong-bao than usual in return for their success in achieving one of 2011’s… Read More>>
6 Key Statistics on China’s 2011 Real Estate Market
China’s National Bureau of Statistics released its final data relating to the 2011 real estate market yesterday, showing that while China’s property market still grew during the year, there was a significant drop off in the volume of transactions and the… Read More>>
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