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China home prices

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou. Photo: AFP

China’s embattled property developers see sales surge in October

A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.

China’s developers borrow more to satiate their thirst for funding

Beijing puts no price cap on land sale, signalling property-market shift

China declares worst is over for housing market. Others see more misery

While China’s September stimulus blitz has restored US$4 trillion of value to stock markets, the wealth effect in the property sector is less obvious and immediate.

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Illustration: Henry Wong

China’s top 100 developers post better home sales, other signals still weak

Sales by the nation’s top 100 developers rose in October, the first month of year-on-year increase in 2024.

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China’s property market improving as deals surge in top cities

Shanghai, Beijing and Shenzhen are on the way to recording multi-month highs in property transactions.

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China property: Sunac’s Shanghai luxury flats sell out in 3 hours

All 158 units in the project in Dongjiadu, Huangpu district, were sold, fetching the developer US$825.8 million.

Sunac China Holdings’ sales office in Shanghai is packed with prospective buyers who have registered for units in the second phase of the One Sino Park. Photo: Xie Yuke

China’s home prices see biggest drop since 2015 despite efforts to revive market

New home prices in September fell 6.1 per cent year on year in 70 mainland cities, widening from a 5.7 per cent slump in August.

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China property: stabilisation effort gains pace in Hangzhou, Chengdu

Zhejiang province’s capital lifts price restrictions for homes built on newly acquired land and cuts initial payments for new and used homes.

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The View | China should make its economy work for its youth

As China’s Gen Z opt for more experience-based consumer choices, policymakers must step in to help them support the traditional economy too.

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Holidaymakers take selfies at Tiantan Park in Beijing on National Day on October 1. Photo: Xinhua

Shanghai sees instant rebound in housing market after stimulus, loosened curbs

Shanghai’s revival may be a bellwether for other top-tier cities, but the same may not apply to places further afield, sales agents say.

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Even flats at projects far from the city centre are reportedly being snapped up by the dozens as buyer interest surges in Shanghai. Photo: Bloomberg

Shanghai, Shenzhen luxury home sales soar after historic stimulus package

Wealthy buyers snap up homes in prime locations amid renewed optimism driven by relaxed purchase restrictions and lower mortgage rates.

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Shanghai, tier-1 cities remove more curbs in major boost to property market

Guangzhou is setting the tone for policy deregulation across the country, says Yan Yuejin of E-house China Research and Development Institute.

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China’s bazooka offers no quick fix for housing market amid broken confidence

Fitch analyst sees more support measures next quarter to ensure Beijing’s latest stimulus bazooka achieves its aims.

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A motorist passes by placards showing properties for lease on electric scooters parked along the sidewalk in Hangzhou in east China’s Zhejiang province in August 2024. Photo: AP

Banks may become collateral damage of China’s policy bazooka

Banks’ net interest margins may be reduced by a fifth of a percentage point, according to an estimate by S&P Global Ratings.

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A investor monitors stock prices at a securities company in Hangzhou in China’s eastern Zhejiang province on October 18, 2018. Contrary to global convention, China represents losses and declines in green, and uses red to illustrate gains and profits. Photo: AFP

Can China’s mortgage rate cuts revive its faltering property market?

Worried about job cuts and a lack of high-yield investment options, homeowners are rushing to repay home loans and mortgages in advance.

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China’s ultra-rich are snatching up luxury homes for a rainy day

Wealthy homebuyers see opportunity for flats that cost more than US$14,000 per square metre in prime downtown areas after recent market correction.

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Opinion | To restore consumer confidence, China must save the property sector

Instead of squandering billions buying unsold properties, Beijing should learn from the US response to the global financial crisis.

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Illustration: Craig Stephens

Chinese developers, cities tempt homebuyers with creative perks

‘Developers cannot cut sales prices freely, so they offer more valuable incentives which serve as de facto discounts,’ an analyst says.

China to ‘vigorously’ expand finished-home sales in property-sector overhaul

A successful trial in Zhengzhou will be expanded nationwide to give developers and projects ample funding, and to compensate homebuyers if developers go under.

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Luxury properties defy China’s slumping home sales as big-city buyers splash out

Sales of homes above 30 million yuan (US$4.2 million ) in Shanghai hit a 10-year high in the first half of the year, according to CRIC data.

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One Sino Park, developed by Sunac China Holdings, is located in Huangpu district in Shanghai. Photo: Handout

Don’t be ‘smug’, Chinese state media warns after Foxconn’s billion-yuan HQ plans

Apple’s manufacturer in China bucked a trend of declining investment with its big plans for Henan province, but a ‘complicated’ environment is seen reflecting how slower growth will be ‘the new trend’.

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Foxconn recent announced plans to spend 1 billion yuan (US$139 million) on a new headquarters in China’s Henan province. Photo: Reuters

Is China’s property slump easing, as bailout shows ‘some effect’?

‘Marginal improvement’ shows government policy support is having ‘some effect’, researcher says.

China’s developers slow their land banking as property slump festers

State-owned developers dominate the property market due to easier access to funding, challenging the ability of private developers to catch up in the near future, according to analysts.

Far from farms: China aims to energise economy with new urbanisation action plan

A five-year undertaking could see 70 per cent of all Chinese settled in large cities, with newly granted urban-residency status and benefits, to expand domestic demand and industrial upgrades.

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As of last year, slightly more than 66 per cent of China’s 1.4 billion people lived in urban areas, and leadership wants that percentage to reach 70 per cent in five years. Photo: AFP

China’s June home prices fall, adding weight to economic malaise

The slump in the world’s largest property market dragged on China’s economic growth, which expanded at a slower-than-expected rate of 4.7 per cent in the second quarter.

A construction site in Beijing’s Central Business District (CBD) on July 14, 2024. Photo: Reuters.

China’s second-hand property sales surge after policy incentives

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 property: Beijing becomes last major mainland city to ease housing rules

The Chinese capital’s housing department said it would lower the down payment by 10 percentage points for first and second homebuyers to stimulate demand.

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China home prices
The latest news, analysis and opinion on China home prices. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
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