Eastern China’s Zhejiang province could be in for more trouble as the SWAT team was called in to calm protests that erupted in the city of Taizhou after property developers began discounting home prices by 30 percent late last month.
29 Months of Falling Home Prices Bring Chinese City to the Brink
Wenzhou, the wealthy port city in eastern China’s Zhejiang province, was once famous for its savvy real estate speculators. Now, however, this centre for the country’s new wealth has become noteworthy for the ongoing slide of its real estate market.
Wenzhou Allows 2 Homes per Family in Policy Reversal – and more of Today’s China Real Estate Links | August 14, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
The eastern Chinese city of Wenzhou has relaxed restrictions on property… Read More>>
Home Depot closes China stores as DIY is DOA – and more of Today’s China Real Estate Links | September 17, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Home Depot Inc, the largest home-improvement retailer in the United States, said… Read More>>
China home price declines slow, Beijing to keep curbs – and more of Today’s China Real Estate Links | June 19, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
China’s home prices dipped for the eighth straight month in May but… Read More>>
China Housing Prices Fall for Second Straight Month
China’s residential real estate prices fell for the second month in a row in April compared to rates in 2011. The average transaction price for home sales fell 1.2 percent according to data released on Friday by the National Bureau… Read More>>
9 Things You Should Know About China’s Sliding Real Estate Prices
It’s the statistical time of the month again, and the fresh batch of numbers from China’s National Statistics Bureau show a sixth straight month of slipping home prices for many cities in the nation.
This month’s figures show that the… Read More>>