Saturday, April 10, 2021
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Tag: Housing

Home Loan Rates up to 20% Above Benchmark in China’s 1st Tier Cities

A new report indicates that rates for home loans in China's first-tier cities continue to remain at exorbitant levels as the central government endeavours...

Most Chinese Migrant Workers Intent on Buying Real Estate in Their Home Towns

A new survey indicates that the majority of China's migrant workers plan to purchase real estate back in their home towns, instead of in...

Rental Growth and Municipal Market Controls Still the Focus for Property Policy in 2018

Chinese state media says that efforts to grow the home rental market as well as contain housing price growth will be the key focal...

Home Lending Expected to Tighten Further in Major Cities Around China

Bank lending for home purchases is expected to tighten further in major cities around China as the central government continues to push for strong...

Are Rumours of a Squeeze on Real Estate Loans Overstated?

Rumours have recently circulated in the Chinese media that many banks are suspending their provision of property development or real-estate related credit. Chinese media reports...

Big State-owned Banks Raise Home Loan Rates Again in Guangzhou

State-run lenders in the Guangdong province capital of Guangzhou have once again raised interest rates for home loans, in a sign that the government...

Chinese Banks Scale Back Credit for Real Estate Development

Financing channels for Chinese property developers have become increasingly scarce since the start of the new year, with domestic media now reporting that many...

Beijing Host to China’s Highest Median Home Prices

A new report from one of China's leading think tanks says Beijing is currently host to the country's highest median home prices, despite the...

Pre-owned Home Prices Drop 13% in Beijing After Launch of Property Controls

Pre-owned home prices in Beijing fell by more than 10% during the period from the launch of housing market control policies in March until...

Local Governments Set to Keep Real Estate Controls Tight

The latest round of legislative conferences held by China's local governments indicates that real estate controls will continue to remain tight in cities around...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...