This was supposed to be the year when normality returned to the global economic landscape. Growth was looking more established and the legacy of the financial crisis was dimming. The US central bank and the Bank of England looked poised to affirm the recovery by finally starting to raise interest rates after keeping them for […]
Prices have fallen but high deposit required means low risk of crisis. As China’s equity markets cool down and its currency is devalued, attention will return to the question of whether the country’s property market is heading for a fall. In my view, the boom days are over, but with buyers required to put at […]
Chinese efforts to encourage homebuyers appear to be gaining traction, with the nationwide drop in property prices slowing in March, according to data released over the weekend. Average new home prices fell on an annual basis for a seventh consecutive month in March, but the rate of decline slowed from February, as a number of […]
