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China property market shows further signs of stabilising

China’s property market is showing further signs of stabilising, with prices in some cities rising strongly last month as government measures to boost demand feed through. Of the 70 cities tracked by official data, 20 experienced an increase in new home prices last month, the highest level in more than a year. The average price […]

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China: Housing Market Posts First Growth of Year

Housing sales rise in April, only the second year-over-year increase since November 2013  SHANGHAI—China’s housing sales showed signs of a turnaround in April, posting growth of more than 10% after falling in 15 of the previous 16 months, as home buyers waded back into the market following recent policy-easing measures by the central government. While […]

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China’s property market loosening bears fruit

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 […]

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Asia closing in as top home of the ultra-rich: Knight Frank

Asia topped the list for the fastest growth of ultra-high-net-worth individuals in 2014, reports the Chinese-language Beijing Times.The continent’s emergence has spurred demand for luxury properties in Asia and Australia, according to a report jointly compiled by Knight Frank, an international real estate consultancy, and BOC International, the international arm of Bank of China. Asia […]