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Real Estate
Property sector showing signs of recovery2023-09-15
According to realty market analysis provider China Index Holdings, after the policy implementation, since late August, nationwide willingness to purchase real estate has increased by 15 percentage points, with significant improvements seen in Beijing, Shanghai, Guangzhou and Shenzhen, where the first two saw increases of around 20 percentage points each.
Policy incentives spur new, pre-owned home purchases2023-09-12
Ever since major cities in China launched policy incentives in late July to warm up the realty market, housing agent Wu Lei's phone has turned into a 24/7 hotline, with a deluge of inquiries on property purchase being made every day.
China's big lenders to lower rates on existing first-home loans2023-09-08
China's four state-owned commercial banks announced Thursday that they will cut interest rates on existing mortgages for first-home loans.
Explainer: What do China's eased mortgage policies mean for home buyers, property sector2023-09-02
China's financial authorities eased mortgage policies on Thursday in an effort to better meet housing demand and promote sound development of the property sector. Here is a quick summary of what the policy adjustment means for home buyers and the real estate market.
Guangzhou eases homebuying policy2023-08-31
Guangzhou in Guangdong province on Wednesday became the first tier-one city in China to ease its policy on residential property purchases and categorize households with mortgage records but no local home ownership as first-time homebuyers.
Fewer cities see home prices rise in July2023-08-17
Fewer Chinese cities reported home price increases both in month-on-month and year-on-year terms in July, and residential property prices in major Chinese cities were either flat or down slightly from a month ago.
More support for housing sector likely2023-08-12
China's residential property sector, which is undergoing a massive market adjustment, is expected to see more supportive measures from local governments to boost demand from homebuyers in the coming months, in accordance with the top leadership's guidance, said industry experts.
Targeted easing steps for real estate sector in offing2023-08-07
Expanding effective housing demand and improving market expectations will be among the top priorities of policymakers to stabilize the property market, a sector key to reviving the recovery of the world's second-largest economy, experts said.
China signals fresh policy support to buoy property sector recovery2023-08-02
China's property sector is expected to revive on incremental policy support as the government reiterates the sector's important role in driving a broader economic recovery.
China's central bank favors downward interest rates for individual housing loans2023-08-02
The People's Bank of China made clear its stance of favoring downward interest rates and down payment ratio for individual housing loans at a work meeting held Tuesday.
Official stresses efforts to cement recovery trend of property market2023-07-28
Ni Hong, minister of housing and urban-rural development, has urged continued efforts to consolidate the recovery trend of the property market.
China's property investment keeps cooling in H1 at slower pace2023-07-17
China's investment in property development continued to decline in the first half of the year, albeit at a slower pace, indicating a stabilization of the property market since the beginning of the year thanks to a slew of cooling measures.
Policy move seen shoring up realty sector2023-07-12
This week's extension of policies supporting China's real estate sector should help allay any potential worries of financial institutions about developers' ability to repay loans amid a tardy recovery of the industry, and boost market confidence, experts said on Tuesday.
China's home prices see slower growth in May2023-06-15
China's housing market reported narrowed growth last month, official data showed Thursday.
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