China’s housing prices fell for a fifth straight month in September, but a slowdown in the rate of the price slide holds out hope that the government’s spate of limited stimulus measures may be taking hold.
New data released yesterday… Read More>>
China Housing Slide Continues as Sales Fall 10.8% Through September
Residential real estate sales in China continued to slide in September, as the government’s attempts at rekindling demand so far seem to have had little effect on market sentiment.
Sales of new homes were down 10.8 percent from January through… Read More>>
Tax Reform May Be China’s Next Step in Reviving Real Estate Market
In recent months China’s government has quickly launched a variety of measures aimed at slowing the slide in its residential real estate market, and the rollback of a five percent tax on second-hand housing sales may be the next step… Read More>>
Banks Easing Mortgage Policies to Slow China Housing Market Slide
China’s major banks are expected to soon ease requirements for mortgage loans as the country’s government seeks to ease downward pressure on its housing market.
The anticipated move by the country’s big four state-run lenders, was reported yesterday in the… Read More>>
Hangzhou China’s Leading Loser as Housing Prices Drop 1.1%
China’s housing prices slid for the fourth straight month in August as potential buyers continued to wait for lower prices despite removal of home purchase restrictions in many cities. According to new numbers released today by the National Bureau of… Read More>>
Yuexiu Property Plans $495M Rights Issue in China Cash Crunch
Yuexiu Property announced last week that it plans a HK$3.84 billion ($495 million) rights issue, becoming the second major Chinese real estate developer in a week to turn to the equity markets as slowing home sales continue to squeeze the… Read More>>
China Home Purchase Restrictions Disappear – The Complete Timeline
Three more Chinese local governments announced the abolition of all home purchase restrictions on Thursday, bringing to more than 30 the number of local governments that have done away with the measures in a bid to revive their flagging home… Read More>>
China Home Prices Drop in 91% of Largest Cities as Slump Steepens
The air continued to ease out of China’s housing bubble in July as average home prices slid by 0.9 percent nationwide, according to government figures released today.
Market data released by the National Bureau of Statistics indicated a third consecutive… Read More>>
China Housing Sales Drop 10.5% in 2014 as Credit Dries Up
Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.
According to figures released by… Read More>>
China Housing Prices Fall in 55 Out of 70 Cities
China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>
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