The biggest news today occurred after the close. Beijing’s local government announcing that first-time homebuyers’ minimum down payment ratio would be lowered to 20% from 30%, second-time homebuyers’ down payment ratio would be lowered to…
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China’s Q3 GDP growth slows to one-year low in test of long-term policy plans
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China says economy grew at slowest pace in a year in third quarter
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Beijing announces new down payment ratio for commercial homes
The housing, finance and provident fund management authorities of Beijing city announced on Wednesday that the minimum down payment ratio for first commercial homes of the resident families in the Chinese capital purchased with loans…
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Beijing city cuts home buying costs to boost demand
BEIJING, June 26 (Reuters) – China’s capital city Beijing announced steps on Wednesday to reduce the cost of buying a home, including cutting mortgage interest rates and the minimum down-payment ratio, to try to boost…
Beijing Becomes Last Mega China City to Ease Housing Rules
(Bloomberg) — China’s capital city of Beijing eased homebuying requirements for downpayment and mortgages, joining the country’s other mega cities to support the real estate sector. Most Read from Bloomberg YouTuber Dr Disrespect Was Allegedly…