Latest government measures are merely 'a drop in the ocean', economist says 'Rebuilding homebuyers' confidence in the presale system is the precondition for a revival of the housing market,' says ... ( read original story ...)
China’s property stimulus bazooka fuels instant rebound in sentiment as inquiries, home sales in Shanghai, Beijing jump
The overall volume of inquiries has increased noticeably since the new support measures came out last Friday,' says property sales agent Ma Yunman Shanghai recorded 138,000 square metres of sales in ... ( read original story ...)
Sentiment upbeat on property market measures
"The measures unveiled on Friday, such as cutting payment and mortgage interest rates and turning housing inventories into government subsidized homes have a clear aim of boosting the housing market. ( read original story ...)
China property: Beijing’s stimulus plan needs more time, money and policy support to resolve long-standing housing crisis
China has US$3.9 trillion worth of unsold properties, which makes Beijing's funding plan account for less than 2 per cent of that excess inventory There is also a big question mark on how local ... ( read original story ...)
Hong Kong, Shanghai stocks rally on China property support
Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring. ( read original story ...)
China to let local governments buy homes, cut mortgage rates to revive property sector
China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on Friday, the ... ( read original story ...)
Hong Kong, Shanghai stand out in Asia after China property move
Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring. The move provided ... ( read original story ...)