China’s Real Estate Market Contracts in Q2 2023
The real estate sector in China contracted again in the second quarter after a short-term expansion in the first quarter, Invest-Gate reports.
More Economic Support Expected in China After Measures to Aid Property Developer
The Chinese government has indicated additional economic support measures are forthcoming after taking initial steps to assist the struggling property sector by extending loan relief to developers, Invest-Gate rep ...
Chinese Real Estate Brokers Need to Reduce Fees
Housing regulator explains that Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy sector development, Invest-Ga ...
New home sales in China Jump 55.7% MoM in March
New home sales in China surge 55.7% month-on-month in March 2023, compared to a growth of 31.9% in the previous month, Invest-Gate reports.
China’s Homes Sales Rise 15% YoY in February
China changes its policies to help the real estate industry including easing financing for developers and taking steps to revive homebuyer demand.
China Likely to Offer ¥160 Bn to Major Developers
According to the plan, the People’s Bank of China is set to inject ¥80 bn worth of loans at 1.75% interest.
Home prices in China Shrink 2.3% YoY in 2022
The latest decline comes after weeks of announcing a plan by policymakers to revive the market.
Property Deals Hit 8-Month High in Hong Kong
Authorities start opening land borders between China and Hong Kong as of January 8th after the cancelation of China’s zero-Covid policy.
Chinese Property Companies Raise 33.4% YoY More Finance in December
The People's Bank of China states earlier this month that the floor on mortgage rates can be lowered or abolished for first-time home buyers in phases, in the case of cities where the selling prices of new homes f ...
India to Lead Global Demand for Steel in 2023
The forecast flourishing of Indian demand for steel, coupled with the decelerated demand in China caused by the surge in Covid cases, position India as a savior of the global demand for the metal.
