The Society House faces a tall stack of unpaid bills. Queens-based Millstone Construction, for instance, says the Chens still owe the company $1.6 million, according to court filings, though the Chens ... ( read original story ...)
Rich Chinese snaps up multi-million-dollar luxury homes in Shanghai
Shanghai’s high-end real estate market is attracting wealthy Chinese as they seek to invest and capitalize on the supportive measures introduced to bolster the country’s dreary property sector. ( read original story ...)
Stealthy investor spends $3 million on Johnston County property
As Johnston County continues to attract droves of new residents, sale prices for buildings — from commercial to industrial — are increasing as well. ( read original story ...)
China’s secondary property sales surge after policy incentives, as buyers eschew new flats
Secondary-market sales in Beijing, Shanghai and Shenzhen hit a 14-month high in June, but new home sales slumped further on delivery angst China's secondary housing market showed signs of recovery as ... ( read original story ...)
Second-Hand Home Sales in Beijing, Shanghai Soar to New Highs in June
There is no official data for Shenzhen’s second-hand home sales in June, but according to the local real estate market association, 1,362 pre-owned homes were sold in the city in the 25th week of the ... ( read original story ...)
China’s property market sees promising signs as policy package kicks in
Major Chinese cities have witnessed more signs of warming in the housing market since the government rolled out a combination of policies to prop up the property sector a month ago. ( read original story ...)
China aims to solve property puzzle with affordable housing push, but debt cloud remains
Local authorities in China have been encouraged to buy unsold homes to create affordable housing amid efforts to address a property crisis, but many are already struggling with debt. ( read original story ...)