Inquiries from China for property in several big Canadian markets spiked in the months after Vancouver introduced its tax for foreign buyers, according to a report based on data from a top Chinese foreign property…
PROPERTY
FTC Commissioner: U.S. Must ‘Stand Up’ to China Over Intellectual Property Theft
NATIONAL HARBOR, Md. – Acting Federal Trade Commission Chairman Maureen K. Ohlhausen said U.S. companies are “concerned” about investing in China due to their poor treatment of intellectual property rights. “We’re not an international trade…
China’s city land sales surge 73 per cent despite cooling measures
China’s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty…
China Overseas Land & Investment : COLI February contracted property sales up 48.4%
and the corresponding gross floor area (GFA) sold was about 1.01 million square metres, an increase of 48.4% and 49.7% from a year earlier. For the first two months of 2017, the accumulated contracted property…
Keeping property market cool remains key
China’s property market showed restraint after growing strongly last year. Accelerating home sales and rising property prices triggered fears of an asset bubble forming. As a result, cooling measures were implemented in October, characterized by…
41% of Chinese buyers say they want Toronto real estate for schooling: study
“I really think a lot of perception that people have around foreign buyers and specifically buyers from mainland China are informed by more anecdotal information and not statistics,” he said. The data also indicated that…
Chinese home buyers turn attention away from Vancouver
Inquiries for Vancouver properties on Juwai – China’s largest international-property website – fell 81 per cent in July compared to the same month a year earlier, and 78 per cent in August, and continued lower…
China Outlines Slower Growth and Talks Tough on Independence
Attempts to cool overheated property markets in China’s biggest cities, as well as a push to reform the country’s bloated state-owned enterprises, will push the mainland’s growth down a notch this year. That’s one of…
China's premier says cities pressured by rising prices need to boost land supply
China is looking to keep the property market stable this year after prices of new homes soared 12.4 percent last year, the most since 2011. Local authorities in more than 20 cities have introduced curbs…
China to defer implementation of property tax despite surging prices
BEIJING China has no plans to implement a nationwide property tax this year, the spokeswoman for China’s parliament said on Saturday, despite mounting expectations that such measures would soon be introduced to restrain surging property…
Hangzhou latest Chinese city to expand property curbs
BEIJING Hangzhou, in China’s prosperous Zhejiang province near Shanghai, said on Thursday it would stop non-residents buying a second home there, as large cities step up their fight against property speculators. From March 3, residents…
China extends property curbs to satellite cities as speculative forces spill over
BEIJING China has extended property curbs to two satellite cities, in a sign regulators are concerned that speculators are banking on the country’s ambitious urbanization plans and buying in towns nearby sprawling metropolises. Non-local residents…
China house price growth to slow to 2 percent in 2017 on tighter credit, government curbs: Reuters poll
Prices of new homes in China surged 12.4 percent last year, the fastest rate since 2011, prompting more than 20 cities to introduce property curbs to cool the market since October. The red-hot land market,…
