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>>
China Average Home Prices Fall Again Spurring Rate Cuts
January’s rebound in home prices across China appears to have been short-lived as the average price of new housing sold in China during February slid by 0.24 percent nationwide compared to the previous month, according to a recent survey.
In… Read More>>
China New Housing Sales Down by 7.8 Percent in 2014 as Buyers Stay Home
China’s new housing sales fell in value by 7.8 percent in 2014 driven by a decrease in sales and rising inventories of unsold homes.
According to a report released this week by China’s National Bureau of Statistics, sales of new… Read More>>
China Housing Price Slide Slows as Shenzhen Said to Recover
China’s housing prices fell for the eighth straight month in December, according to data released today by the National Bureau of Statistics. However, the average monthly rate of decline in prices of new housing (including subsidised units) slowed slightly –… Read More>>
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