The value of housing sales snapped more than a year of falls to post a small gain in the first two months of this year, while prices of second-hand homes and most new housing in…
Tagged By property
China’s yuan firms on signs of property sector stabilizing
SHANGHAI, March 16 (Reuters) – China’s yuan strengthened on Thursday, as signs the country’s property market is stabilizing raised expectations of a broader economic recovery after Beijing dropped its …
China new home prices rise in February but unsold homes cloud outlook
China’s home prices gained momentum nationally in February, rising for a second consecutive month driven by pent-up demand even in smaller cities, but prices have yet to recoup all their losses and …
CORRECTED-UPDATE 2-China’s property sector draws closer to exit from protracted slump
“The figures are a good start to the recovery of the property market for 2023, and will further boost confidence,” said Yan Yuejin, analyst at the E-house China Research and Development Institution in …
Decline in China’s Home Prices Further Stabilized in February
The decline in China’s new home prices in 70 major cities further stabilized in February, amid Beijing’s pledges to roll out more supportive measures to arrest a protracted property slump. Average new …
China’s property sector draws closer to exit from protracted slump
China’s embattled property sector made new progress in its climb out of a months-long slump as official data on Wednesday showed much narrower declines in home sales, developer investment and …
China’s Jan-Feb property investment falls at slower pace
China’s property investment fell at a slower pace over the first two months of 2023, official data showed on Wednesday, showing signs of improvement buoyed by a slew of supportive policies though …
China’s Jan-Feb property investment falls 5.7% y/y
BEIJING, March 15 (Reuters) – China’s property investment fell 5.7% from a year earlier in the first two months of 2023, compared with a 12.2% slump in December, official data showed on Wednesday.
China Property Bulls See Silver Lining Behind Earnings Debacle
China property bulls are looking past what’s likely another disastrous earnings season for the nation’s embattled developers, betting on a recovery as green shoots emerge in sales. Sixteen of Hong …
With China battling to stabilise its property market, talk of a recovery is premature
The easing of Covid-19 restrictions has undeniably boosted sentiment and sales. But for a government that must still deflate a bloated and overleveraged industry without crashing the market, just stabilising things is proving a challenge…
China’s top property developer expects first loss since 2007 flotation
Country Garden’s 2022 forecast is another blow for country’s embattled sector China’s top property developer expects to record a loss in 2022 – its first since the company went public in 2007 – in …
China developer Country Garden sees 2022 loss amid property market slump
HONG KONG (Reuters) -Top Chinese property developer Country Garden Holdings said on Monday it expected to swing to a net loss of up to $1.1 billion for 2022 amid a sluggish property market, though …
China premier warns 2023 growth target ‘no easy task’
China posted just three percent growth last year, missing its stated target of around 5.5 percent by a wide margin as the economy strained under the impact of strict Covid policies and a property …
