BEIJING – China is rolling out policies to bolster rational home-buying demand, in an effort to help the housing market sustain solid standing against the headwinds. China’s housing market continued …
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China cuts borrowing rate again, seeking to revive housing sector
China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second cut this year as Beijing seeks to revive the ailing housing sector to prop up the economy.
China’s April new home price index falls for the first time in seven years as Covid-19 adds to the slumping property market’s cash woes
The index of home prices in 70 of China’s benchmark cities fell 0.1 per cent in April from a year ago, the first monthly decline since a 0.4 per cent drop in November 2015 Prices…
China’s new home price growth further slows in Apr, as property market comes under pressure
The growth of China’s new home prices continued to slow in April, with the price index for new houses across 70 cities recording a year-on-year decline for the first time since December 2015, marking …
China Housing Prices Fall for Eighth Month Amid Lockdowns
China’s home prices fell for an eighth month in April as measures to alleviate the real estate downturn failed to revive buyer confidence amid Covid outbreaks. New home prices in 70 cities, excluding …
China policies to cool housing market worked too well
China has replaced policies designed to deleverage its housing sector with new ones making it easier for people with three kids to buy a second home.
China’s new home prices fall for the first time since December
Average new home prices in 70 major cities fall 0.2 percent on a month-on-month basis after flatlining in March.
China April new home prices fall for the first time since Dec as Covid bites
BEIJING: China’s new-home prices in April fell for the first time month-on-month since December, official data showed on Wednesday, depressed by fragile demand in small cities and strict, widespread …
China Home Prices Drop for Eighth Month During Lockdowns
China’s home prices fell for an eighth month in April as measures to alleviate the real estate downturn failed to revive buyer confidence amid Covid outbreaks.
China’s government offers some help to the battered real estate sector, which is in desperate need of reform
On April 29, Xí Jìnpíng 习近平 led a meeting of China’s top leadership body, the Politburo, that signaled a policy shift towards its battered property sector, encouraging local governments to “optimize …
Steel Demand Is Taking A Beating As China Lockdowns Persist
Ongoing lockdowns in China are weighing on steel demand, which is, in turn, pushing prices drastically lower from April highs …
China’s Property Down Cycle Worsened By Lockdowns
China’s investment in real estate development declined while property developers’ contract sales fell significantly last month as the country’s p …
China calls on property POEs to revive bond mart
Three privately-owned Chinese real estate companies are planning new onshore bond sales. There are also hopes that some domestic deals could benefit from credit protection tools issued by their lead …