On Wednesday, the Shenzhen Housing and Construction Bureau announced a set of new home purchase restrictions designed to cool down what has become China’s hottest property market as home sales in the country rebound in the wake of the COVID-19… Read More>>
At least 21 cities have now instituted home purchase restrictions across China, but the demand suppression measures have yet to overcome the effect of months of loose monetary policy and rising public sentiment toward real estate purchases. In related headlines,… Read More>>
Shenzhen is building itself into the hub of China’s high tech economy, and that shift to tech manufacturing may help explain why the southern Chinese city’s home prices have jumped over 60 percent in the last year. Meanwhile Cinda Real… Read More>>
China’s housing recovery continued to spread in April, as 65 out of 70 cities included in an official survey reporting higher average home prices compared to March.
Despite new home purchase restrictions that went into effect at the end of… Read More>>
Shanghai authorities announced new restrictions on home purchases on Friday, including higher downpayment levels and limits on buyer eligibility, in an attempt to cool a housing market that saw prices climb 2.9 percent in February compared to the previous month.
China housing prices fell at a slower rate nationwide in April, with rates in the country’s largest cities already rebounding, as the country shows signs of recovering from a year-long downturn.
Home prices in the country’s 10 biggest cities, including… Read More>>
Growth in average new home prices in China’s 70 biggest cities slowed to 8.7 percent in February compared to the same period last year, down from 9.6 percent growth the previous month according to analysis of official figures by Mingtiandi.
After months of record gains in home prices, China’s real estate market showed signs of cooling down this week when official statistics revealed price growth of less than one percent in the country’s first-tier cities. The weakness in property prices… Read More>>