Mortgage cuts needed to restore confidence2024-09-24
It is increasingly necessary for China to reduce interest rates on existing mortgages as soon as possible to revive consumer confidence, stabilize housing market expectations and meet the annual economic growth target, analysts said.
Market-oriented measures underlined for realty sector2024-07-23
The Chinese real estate market is now grappling with a complex set of challenges as it navigates an environment characterized by an oversupply of properties relative to demand. While the issue of unsold homes has received significant attention, effective utilization of idle land resources is of equal importance, analysts said.
H1 measures boost housing market2024-07-04
Surging transactions for both new and pre-owned homes in Shanghai in particular, and buoyant housing markets in other major Chinese cities in general, indicate the supportive measures rolled out in the first half have helped boost market sentiment and meet demand, said industry experts and insiders.
Beijing unveils more measures to boost property market2024-06-27
Beijing on Wednesday announced a slew of measures, including lowered minimum downpayment ratios and mortgage interest rates, in its latest move to boost its property market. These new measures will be in effect from Thursday.
Housing oversupply remedy on agenda2024-06-14
China has launched the implementation of a recently announced policy to address surplus housing inventories, which analysts said is likely to significantly expand in size as a potent tool to stabilize the ailing residential property sector.
Calls arise for a massive property stabilization fund2024-06-04
A real estate stabilization fund that could be worth trillions of yuan is likely around the corner in China, as policy advisers and economists called for scaling up government funding support in order to address lingering woes like housing inventory worries and unfinished homes.