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  • September 18, 2014
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  1. Home sales rebound on mainland

    Posted Apr 13th 2012, 12:00am

    ... mortgage offers helped property sales rebound in Beijing. Sales of second-hand homes increased by 100 per cent to about 10,000 in March, while sales in the primary market grew about 60 per cent.' But Lee said the surge in sales would not be sustainable as the government was unlikely to relax restrictions on buying second homes. ...

  2. Agencies pare back as home sales slow

    Posted Nov 09th 2011, 12:00am

    ... there are about 20,000 to 30,000 agents, but only a few thousand transactions can now be sealed in the secondary market and another few thousand for new homes every month.' Home sales volumes ... week of August, citing 'current depressed secondary-home-sales transaction volume'. Although the property market has cooled down, the central government shows no sign of easing its ...

  3. Mainland home sales mixed but prices falling in all cities

    Posted Aug 18th 2010, 12:00am by Peggy Sito

    ... Peggy Sito New home sales in mainland cities were mixed last month with Beijing and Tianjin recording a significant rise. But overall prices declined in July and a further drop is expected ... Guangzhou, Chengdu, Xiamen and Changsha saw sales fall between 20 per cent and 28.6 per cent, it said. New home sales for first-tier cities-Beijing, Shanghai, Guangzhou and Shenzhen- in July dropped ...

  4. Policy to cool home sales yet to hit prices

    Posted May 31st 2010, 12:00am by Peggy Sito

    ... Peggy Sito Hopes were high when the State Council issued policy measures in April meant to put the brakes on rocketing home sales, but while the number of deals has fallen by as much as 90 ... But Lee nonetheless expected to see a significant price drop in the coming months. 'Both developers and owners of second-hand homes are now showing a willingness to cut prices because sales ...

  5. Dull sales may not be linked to second-home rules

    Posted Aug 26th 2009, 12:00am by Yvonne Liu

    ... Fulton Mak and Yvonne Liu Home sales in major mainland cities slowed down over the past few weeks, but analysts believe it has little relation to the reiteration of strict enforcement of higher down payment ratio for second-home buyers. Property sales in Shenzhen primary market recorded the sharpest drop among major cities in July, down 18 per cent month on month to 540,000 ...

  6. Golden week home sales lose shine

    Posted Oct 10th 2007, 12:00am by Sandy Li, Yvonne Liu

    ... But compared with the previous week to September 30, sales of new flats tumbled 81 per cent from 8,105 transactions. Developers in Shenzhen, where the average home price jumped 50 per cent in the first ... Sandy Li and Yvonne Liu Deals decline in major cities on fears of tighter controls while more choose to travel National Day holiday fever failed to ignite property sales in the mainland, ...

  7. Surge in home sales quickly loses steam

    Posted Dec 12th 2008, 12:00am by Sandy Li

    ... Shenzhen, Beijing and Shanghai. Sales of new homes in Shenzhen, worst hit by earlier cooling measures, with prices tumbling up to 50 per cent since the second quarter of last year, shot up 90 per ... Sandy Li Job losses and wage fears to curb mainland market Nearly all mainland cities registered a sharp rise in residential sales last month, underpinned by recent interest rate cuts ...

  8. Golden week home sales fail to sparkle

    Posted Oct 08th 2008, 12:00am by Sandy Li

    ... high over the holiday period, helping to drive sales higher. The golden week runs from September 29 to October 5 and is traditionally a peak period for home buying. The autumn sales data ... Sandy Li Deal volumes fall to their lowest level in 10 years The 'golden week' national holiday failed to deliver its traditional boost to property sales and deal volumes across ...

  9. New homes on mainland reverse 9-month decline

    Posted Jul 03rd 2012, 12:00am

    ... Still, they doubt the sale of new homes will experience any major price increase over the next several months because the central government is expected to stick with measures aimed at avoiding ... declines in May. Overall, home prices in the 100 cities surveyed were still down in June from a year earlier, by 1.9 per cent on average to 8,688 yuan per sq m. Property sales have been ...

  10. Mainland home prices about to start falling

    Posted Jun 29th 2011, 12:00am

    ... and funding pressure will suppress home prices from the third quarter,' it said. Last month, sales of new homes in the 10 major cities, including Beijing, Guangzhou, Shanghai and Shenzhen, ... at the same time, there was a record month-on-month increase in the floor space sold in these two cities- reflecting, the report said, the power of price reductions in promoting new-home sales ...




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