UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to stabilizing. Existing home sales in five major Chinese cities have climbed by more than 30% from a year ago on a weekly basis as of Wednesday, according to a CNBC analysis of data accessed via Wind […]
A school and residential buildings are under construction at Yanan New Zone, Shaanxi province, China, in January. PHOTO: YAWEN CHEN/REUTERS Beijing relied on home buying to help boost the economy in 2015, but concerns about debt and house prices could limit that option now SHANGRAO, China—Investors were pouring into this sleepy city in southeastern China until late […]
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 […]
The “China property bubble” has come back to a headline-making theme but a quick look at the data uncovers a more nuanced picture, and how this time might be a bit different. Source: Analysis by Real Estate Foresight, based on data from SouFun-CREIS The chart above illustrates the cyclicality of the housing markets, with an […]
Hong Kong is the world’s most expensive office market. Mainland China continues to see residential prices rise. Free capital is chasing real estate in China, and Jones Lang Lasalle thinks it’s only a matter of time before the foreigners follow. (Photo by PHILIPPE LOPEZ/AFP/Getty Images) China’s real estate market is at it again. In particular, […]
As far back as 2005, international media sources have been projecting the collapse of what has been dubbed the Chinese property bubble. In 2008, the Economist declared that the “sizzle is off” China’s housing market and there were no improvement on the horizon. They then upped their ante in 2014, with an article entitled “End of the golden […]
