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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Yet Another Chinese City Announces Cooling Measures

It looks as if the Chinese government is still struggling to control property prices, as another Chinese city has announced restrictions on residential real estate purchases, which unusually includes a price cap. Zhuhai is a southern Chinese city adjacent to Macau, and its government announced on Tuesday that transactions for new apartments will not be

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Chinese Officials to Build a Property Ownership Database

According to a report in the China Daily, officials in the country have announced plans to build a database which will track and share property ownership information amongst 40 major cities. It will give information about properties and their ownership, as well as information about earlier sales of properties. The plan is that the database

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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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