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 and premium apartments.Wednesday, 22 August, 2012, 2:22am
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.29 Aug 2012 - 2:43pm
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 property demand and price growth.
Buoyant bidding from some cashed-up developers is lifting land prices in major cities and has spurred talk of a turnaround in sentiment.25 Jul 2012 - 12:00am
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 posted a year-on-year decline in prices in April amid the tightening measures.19 May 2012 - 12:00am
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.25 Apr 2012 - 12:00am
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 secondary homes have risen more than 5 per cent over the past two months.21 Apr 2012 - 12:00am
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.
A property consultant forecast luxury home prices will fall by 13 per cent in the next 12 months.28 Mar 2012 - 12:00am
Premier Wen Jiabao yesterday reaffirmed the central government's determination to continue implementing measures to push home prices back to a reasonable level.6 Mar 2012 - 12:00am
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.15 Feb 2012 - 12:00am
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 than a sea-change in buyer sentiment.11 Jan 2012 - 12:00am