International stock markets rose, led by Chinese indexes, after Beijing rolled out further support measures for its beleaguered property sector. U.S. stock-index futures edged higher, with U.S. ( read original story ...)
China’s Eased Mortgage Policy Rekindles Beijing, Shanghai Housing Sales
Zhang said that a certain Shanghai real estate agency claimed that reservations to visit pre-owned housing jumped by 50 percent. However, the bull market for second-hand housing may arrive slowly ... ( read original story ...)
Global Indexes Rally on China’s Property Stimulus Measures
International stock markets rose after Beijing rolled out further support measures for its beleaguered property sector. U.S. markets were closed for the Labor Day holiday. ( read original story ...)
After Country Garden debt deal, focus shifts to China property recovery prospects
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo ... ( read original story ...)
Mortgage terms eased to attract homebuyers and stanch a housing slump
The adjustments mean that more people will be classified as "first time homebuyers," giving them access to mortgages with lower interest rates and smaller down payments. Xinhua news agency, quoting ... ( read original story ...)
Chinese wary of buying property despite stimulus
STORY: Fears about the economic slowdown are stopping Shanghai residents from buying property.Despite a raft of measures rolled out by the Beijing government this week to revive the economy and target ... ( read original story ...)
Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay ... ( read original story ...)