The struggling United States property market is being buoyed by a tide of investment from China. Reports abound of wealthy buyers from Hong Kong and the mainland snapping up distressed real estate...
- Sun
- May 26, 2013
- Updated: 4:37pm
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Beijing's relaxation of monetary policy and its encouragement of flat purchases by first-time buyers lifted average property prices across 100 major mainland cities for a second month.
If recent land auctions across the mainland are anything to go by, the retreat in home prices this year could be due to turn, but some analysts warn that a full recovery might trigger new curbs on...
A record number of mainland cities saw a drop in new-home prices last month as Beijing continued to curb speculation in the property market.
Forty-six out of 70 monitored cities...
Rents for small- and medium-sized homes are expected to rise further in the second quarter after climbing 0.8 per cent in the first quarter, says realtor Ricacorp Properties.
The housing market received a boost yesterday after Sino Land sold 200 flats at its Park Summit development in Tai Kok Tsui in only 21/2 hours on the first day of sales, while the prices for...
Home sales at major estates in the city dropped to a six-week low last week, with buyers sidelined by rising prices and uncertainty about the outlook for the market under a new administration.
Premier Wen Jiabao yesterday reaffirmed the central government's determination to continue implementing measures to push home prices back to a reasonable level.
Forecasters are wary of calling the bottom of property cycles, for obvious reasons. But what's happening in the United States has many hoping for the best.
Strong demand for flats in The Coronation in West Kowloon is due, property analysts say, to keen pricing and its proximity to the express railway to Guangzhou now under construction rather...
Sales of new homes surged to 390 at the weekend, from 75 the previous weekend, as developers rushed to sell. Some flats sold for less than comparable second-hand homes.
The residential price correction has spread to nearly half of mainland cities, a downturn that is expected to ease political pressure for more cooling measures.
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