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Asia’s property markets join the global slump

From Hong Kong to Singapore and Australia, lower house prices and higher mortgage rates are denting consumer confidence Deep in a provincial region of northwestern Turkey, it looks like a mirage – hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle. Meant to provide luxurious accommodations […]

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China aims to keep property market stable in 2018

BEIJING (Reuters) – China aims to pursue “stable and healthy development” of the property market in 2018 with an increased focus on providing affordable housing and developing the rental market, Premier Li Keqiang said in a government work report released on Monday. “China will maintain the position that homes are for living in, not for […]