China Markets Dive on Housing Measures

Beijing’s imposition of new cooling measures for home prices has apparently put a big damper on real estate and construction shares. China’s Shanghai Composite Index CN:000001 -3.65% dipped 3.7%, the worst such fall since way back in 2011. Hit particularly hard, the Hong Kong listings were slammed by China’s cabinet imposing bigger down payments and mortgage rates on some homes. A big capital gains tax on existing homes sales went further in dampening the market.

China Real Estate: Upward Moving Again

China home prices having risen for seven consecutive months on what the financial experts there term “recovery” for a sagging market. According to the National Bureau of Statistics last month, prices were up in 53 of 70 major cities across China in November.

Chinese Real Estate Agents Going Out Of Business

As the Chinese government’s tightening measures begin to really hit home increasing numbers of real estate agents in the country are shutting up shop completely or are closing branches due to the slowing residential housing market. Since the beginning of 2011 around 1,000 real estate agents have closed down in Beijing, three quarters of whom

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China Finally Begins to See Nationwide Price Cuts for New Homes

Home buyers in China are finally seeing prices of new homes come down, as developers’ battle against increasing inventories and ever stricter government measures. The price drops were begun by one of the country’s largest real estate developers, China Vanke, who have lowered the prices of housing projects in Beijing and South Guangdong province, with

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Is China’s Property Price Boom Finally Coming to an End?

Property developers in some regions of China are offering discounts to buyers in an effort to keep the market moving and although it may be far too soon to interpret this as the beginning of a slowdown in the property market, it does look as if things are becoming less positive. Recent government measures to

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Chinese Developers Feel the Pinch

Measures taken by the Chinese government to cool its real estate markets seem to be having an impact, with Xinhua News reporting the inventories of the country’s major property developers surged over the last six months. According to Wind Information, a data analysis firm based in Shanghai, total inventories skyrocketed to $49.65 billion worth of

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China’s Residential Real Estate Markets Cooling Off

Efforts taken by the Chinese government in order to try and cool down its red hot real estate markets seem to be taking effect, according to the latest findings from SouFun Holdings, who say price increases in July slowed down to their lowest rate in more than 11 months. The firm’s latest report on Chinese

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Ikea and Wal-Mart Buy Chinese Retail Space

Ikea and Wal-Mart are just two of the foreign retailers choosing to buy land in China in a departure from renting. Last year, Wal-Mart, which is the largest retailer in the world, bought land in north-eastern Dalian, and Ikea is to spend $1.2 billion on building 510,000 square meters of malls. Foreign retailers are increasingly

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Is the Chinese property bubble about to burst?

In spite of intensive cooling measures introduced by the Chinese government, residential property prices have risen for 9 straight months and figures from China’s National Bureau of Statistics show prices increased by an average of 12.8% year-on-year in the 70 cities tracked.   It now takes a persona earning the average Chinese household’s income 17

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Commercial Properties Now Take Precedence in China

Chinese property developers recently told their investors that they are shifting their business strategy to focus on commercial projects rather than residential properties.  The shift coincides with the developers’ announcement of their 2010 financial earnings, which indicate the residential market is booming, while the commercial market is in need of attention. China’s central government intends

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