Real Estate
Evergrande plan lifts property hopes2023-03-24
Debt-laden property developer China Evergrande Group has announced plans for restructuring around $20 billion in offshore debt, an important move for the group to resume normal operations and that also could be seen as a model for other struggling developers, industry experts said.
China's home prices up in February2023-03-16
Major Chinese cities in general reported rising home prices last month, adding to evidence of a stabilizing property sector, official data showed Thursday.
Property recovery seems to be underway2023-03-16
Property investment and sales data from the National Bureau of Statistics indicate that a real estate recovery is taking shape, boding well for further market stabilization and providing a confidence boost in the coming months, experts said.
Confidence strong in real estate recovery2023-03-08
China is confident in the recovery of the real estate sector, said Ni Hong, minister of housing and urban-rural development, on the sidelines of the two sessions on Tuesday.
Feb sales surge to boost real estate recovery2023-03-03
Many cities in the country reported double-digit monthly growth in housing transaction volume in February, which experts said is expected to further fuel market confidence and boost market recovery.
There's spring in real estate recovery2023-02-27
Consensus is fast emerging among industry observers that China's property market, which had faced a variety of troubles over the last few years, is back on track, with recovery appearing possible this year.
Housing sector eyes spring warming2023-02-17
Led by month-on-month growth in first-tier cities, average home prices in the nation's 70 major cities saw a general recovery in January, and industry experts expect the market's upward performance will build up confidence among potential homebuyers and lead to further market stabilization in the coming months.
Demand for better homes key to sector's recovery2023-02-06
It is fair to say that the development of China's real estate sector, which has been important to China's economic growth, is even more crucial this year, evidenced by recent economic plans from many local governments.
Gradual recovery likely in real estate2023-01-17
Home prices in the majority of China's 70 large and medium-sized cities dropped month-on-month in December but the housing market is expected to recover gradually as the country recently rolled out supportive policies.
China's home prices continue to ease in December 20222023-01-17
China's home prices in 70 large and medium-sized cities continued an easing trend in December 2022, although price movements diverged, the National Bureau of Statistics (NBS) said Monday.
Regulators draft plan to stabilize realty2023-01-14
China's financial regulators have drafted an action plan for improving the balance sheets of quality property developers in an effort to defuse financial risks to the real estate sector and assist the property market to form a virtuous cycle.
China to promote steady recovery of property sector: senior official2023-01-06
China will work to promote the steady development and recovery of the property market this year, a senior official has said.
Experts optimistic on housing sector recovery2022-12-16
Despite the cooling tendency of major Chinese cities' home prices in November, industry experts are sanguine on market stabilization in the coming year, especially considering a document released on Wednesday on expanding domestic consumption demand and ensuring the stable and healthy development of the property sector.
Lender financing to prop up developers2022-12-07
Following the lead of large State-owned commercial lenders, many joint-stock commercial banks and city commercial banks in China also agreed to provide financing to property developers, in the hope of stabilizing the housing market and preventing risks from spreading beyond the real estate industry.
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