New home prices climbed in 20 out of 70 major Chinese cities last month compared to April, as the country’s home market continues to see signs of recovery after a year-long slide.
Among the 70 urban centres surveyed each month… Read More>>
China Home Sales Rebound in May, But Investment Slide Continues
China’s new home sales rose by 30 percent in May, as government moves to cut interest rates and remove home purchase restrictions appear to have succeeded in luring buyers back into the market.
The nation’s property developers seem less convinced… Read More>>
Policy Changes Fuel Double-Digit Home Price Increases in China’s Biggest Cities
Home prices in China showed further promise of a recovery in the housing market during April following a barrage of stimulus from the government.
A survey of 70 of China’s largest cities by the National Bureau of Statistics showed that… Read More>>
China Home Sales Grow in April For First Time in a Year
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>>
Over 90% of China Developers Expect Boost From Rate Cuts
It’s only been a few days since China cut interest rates to revive a slowing economy and boost property sales, but the monetary measure already seems to be raising confidence among the country’s listed real estate developers.
A survey of… Read More>>
China Faces 1 Bil SQM of Empty Real Estate Says Chinese IMF Leader
China’s housing prices are in for continued adjustment, according to Zhu Min, a deputy managing director of the IMF, and the reason for the ongoing downward pressure on the market is one billion square metres of unoccupied buildings.
That… Read More>>
Find Out Which China Housing Markets Are Now on the Rebound
Prices are rising in more cities, more homes are selling, and even land sales have rebounded. If China weren’t still piling up more unsold homes the real estate market would look more encouraging than it has since the country’s property… Read More>>
PBOC Eases Lending as Real Estate Investment Plummets
China’s central bank moved sharply to increase the money supply yesterday just days after new data showed investment in the country’s real estate market dropping quickly, and overall GDP growth falling to its lowest level in six years.
The People’s… Read More>>
China Housing Prices Fall at Record Pace in February
After showing signs of stabilising in December, China’s housing prices fell by an average of nearly 5.5 percent in February, compared to the same month a year ago. The faster fall in home prices came as China’s spring festival holiday… Read More>>
China Property Sales Fall 16.3% in 2015 Despite Govt Support
Property sales in China have fallen 16.7 percent this year compared to the first two months of 2014, dashing developer hopes for a quick recovery to the nation’s housing slump.
The slide in home sales came despite a series of… Read More>>
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