Land transfer fees in China reportedly reached a record high of RMB 6.5 trillion ($986 billion) in 2018, according to the country’s largest investment bank CITIC, who added that the increase... Read more
A number of provinces have set lower shantytown redevelopment targets for 2019, Bloomberg reports, potentially gutting the housing market of one its largest sources of demand. Targets to rep... Read more
The Evergrande Real Estate Group, China’s third-largest property developer by sales, has sold $3 billion of offshore bonds in the hopes of easing capital pressure and reducing debt, reports ... Read more
Economists have warned that the rapid growth in household debt in China could pose threats to the country’s medium-term economic growth and, if left unchecked, poses greater risks to n... Read more
Chinese banks may be about to lower mortgage rates in a bid to stimulate lending for new home purchases and bulk out developers’ cash levels amid signs of a slowing property market, accordin... Read more
