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>>
November Housing Sales Reach 2014 Highs But Investment Slows to 5-Year Low
China’s attempts to rekindle its real estate industry began to show some results in November, when home sales reached their highest point of 2014, after the central bank spurred more mortgage lending.
According to November home sales figures from the… Read More>>
China Home Prices Continue Half-Year Slide in October
Continuing a decline that started in May, China’s new home prices fell an average of 0.78 percent in October, after looser credit rules and policy reversals helped to avoid a freefall in the country’s real estate market. The figures published… Read More>>
No Turnaround Yet for China Real Estate as Sales Drop 3.1%
China appears to have avoided a meltdown in its real estate market this year, but home sales are continuing to slide, according to official figures released this week.
In a report released this week, China’s National Bureau of Statistics revealed… Read More>>
Moody’s Predicts Upswing in China Housing Sales
The Chinese government recently unleashed a barrage of measures to prop up demand for housing following several months of falling prices and slowing sales, and at least one international ratings agency believes this is about to start turning the market… Read More>>
China Property Prices Could Fall 10 Percent Says Soufun Chief
The head of China’s biggest real estate website is confident that China’s real estate market is not about to crash, but investors could be in for some tough times over the next 10-12 months.
Vincent Mo, who founded Soufun.com (recently… Read More>>
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