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 Vanke Says Beijing Real Estate Has Bottomed Out
China’s biggest property developer is saying that the country’s biggest real estate market has bottomed out, but one of China Vanke’s top officials cautions that no quick rebound is in site.
Speaking at the company’s annual meeting with securities companies,… 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>>
Capital of Qinghai Latest Chinese City to Lift Home Purchase Restrictions
The city of Xining in northwestern China became the latest Chinese metropolis to abolish home purchase restrictions this week, as the country continues to struggle with a slowdown in the real estate market.
The capital city of sparsely populated Qinghai… Read More>>
Morgan Stanley China Economist Says Real Estate to Drop 20% or Less
Morgan Stanley’s leading analyst of China’s economy sounded a reassuring note about the country’s real estate market today, by telling investors that changes in government policy will keep the troubled sector from falling more than 20 percent this year.
Helen… Read More>>
Onshore Real Estate Bonds Return as Government Props Up Ailing Developers
Sales of property developer bonds returned to China’s domestic market recently in a sign that the Xi government is not yet quite ready to real estate companies to go under. At least in most cases.
Just last week, Shanghai-listed Jiangsu… Read More>>
China Allows Mortgage-Backed Securities as Funding Channel
China moved to prop up funding for individual homebuyers today by allowing the country’s first offering of mortgage-backed debt sales, after banning the financial products in 2007 after they helped bring about the meltdown of the US economy.
According to… Read More>>
China Vanke June Sales Up 44% to RMB 19.4B
Although China’s real estate market is having a rough year, China Vanke, the country’s biggest developer, just declared a 44 percent increase in contracted sales.
According to an announcement from the company on Friday, the newly-Hong Kong listed real estate… Read More>>
Bank of China Downplays Hard Landing for Real Estate Sector
A report issued yesterday by one of China’s four largest banks said that the country’s real estate market is at an inflection point, but dismissed the likelihood of a hard landing in the sector, or for significant knock-on effects in… Read More>>
Shenyang Latest City to Roll Back Real Estate Curbs
The trend toward easing government policies controlling the real estate market gained a major follower within the last few weeks as Shenyang has reportedly waived restrictions on ownership of multiple homes.
The move was reported today in the Wall Street… Read More>>
