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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. 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 ...

  6. 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 ...

  7. 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, ...

  8. 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 ...

  9. Mainland sales start the year on lacklustre note

    Posted Jan 14th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Mainland home sales started the year on a painfully slow note in most major cities, dropping nearly 70 per cent in the first week from the same period last year ... . It reported a 27 per cent rise for new home sales for the week of January 2-8. Shanghai and Qingdao were the worst performers, with sales down 68 per cent and 67 per cent respectively in the first ...

  10. Shui On Land upbeat as net jumps 117pc

    Posted Aug 20th 2010, 12:00am by Sandy Li

    ... Sandy Li Shui On Land is confident of achieving its sales target of 6.6 billion yuan (HK$7.54 billion) this year despite new home sales plunging in major cities as a result of the central government's tough measures to cool the property market. The target is slightly lower than last year's 6.75 billion yuan turnover. According to property consultant DTZ, new home sales ...




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