China’s housing market woes continue, with recent data showing tumbling residential sales among developers and a decline in housing prices across 70 large and medium-sized cities. Adding to the complexity are concerns about...
The Word of the Week comes from the Grass-Mud Horse Lexicon, a glossary of terms created by...
USA Today describes the throngs of Chinese buyers riding the gradient between the rising yuan and falling American property prices: Chinese interest in U.S. real estate began climbing during the U.S. housing meltdown, when...
Reuters investigates Beijing’s progress in increasing the country’s supply of affordable accommodation: To gauge the status of the scheme, Reuters visited a dozen building sites in the dusty city of Shijiazhuang...
From Financial Times: Chinese housing prices rose in May by 6.4 per cent, the fastest year-on-year monthly increase in 18 months, in the latest sign that the economy is outpacing both the government’s and the market’s expectations. The World Bank and Morgan Stanley in recent days have revised upwards their growth forecasts for 2007 to […]
From China.org.cn: The price-to-rent ratio for second-hand houses in some of China’s big cities have gone over the international warning line, said the 2007 real estate blue paper released by China Academy of Social Sciences (CASS). The price-to-rent ratio, or the rent for one sq. m. of floor space divided by its sales price, is […]
From BBC News: Foreigners are to be limited to owning one house in Beijing, which they cannot rent out, press reports have said. Local newspapers report that foreign homebuyers will also have to prove that they have lived in China for a year. The Chinese government is trying to cool rising house prices and warned […]
From Shanghai Security News, tranlsated by CDT: According to a report done by Beijing Normal University, the average price for a house in east China has reached 4,000 yuan per square meter. The average household income was between 15,000 and 17,000 in 2005, and the house price-income ratio was about 13. The report also revealed […]
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