Property

China's home prices see narrowed drops as policy supports unfold - China Property News
Property

China's home prices see narrowed drops as policy supports unfold

Major Chinese cities reported falling home prices in June with narrowing declines, official data showed on Monday.
New mall latest example of local community micro-renewal - China Property News
Property

New mall latest example of local community micro-renewal

Shanghai's first Inreach mall combines the functions of shopping mall and community center where nearby residents can shop, find entertainment and engage in community activities.
China reports falling home prices in May - China Property News
Property

China reports falling home prices in May

Major Chinese cities reported falling home prices in May, official data showed on Monday.
New Shanghai policy ignites people's enthusiasm for home buying - China Property News
Property

New Shanghai policy ignites people's enthusiasm for home buying

Since the release of Shanghai's new real estate policy last Friday, the number of inquiries regarding both second-hand and new homes has seen a significant increase.
China fines Evergrande US$587 mln for fraud - China Property News
Property

China fines Evergrande US$587 mln for fraud

The China Securities Regulatory Commission had decided to fine property developer Evergrande Real Estate Group US$587 million for financial fraud and other misconduct.
Loans issued from China's housing provident fund nears US$211.01 billion in 2023 - China Property News
Property

Loans issued from China's housing provident fund nears US$211.01 billion in 2023

China issued over 2.86 million individual mortgage loans worth nearly US$211.01 billion under its housing provident fund program in 2023, benefitting a broader spectrum of people.
Guangzhou, Shenzhen become latest Chinese cities to ease home-buying restrictions - China Property News
Property

Guangzhou, Shenzhen become latest Chinese cities to ease home-buying restrictions

Guangzhou and Shenzhen, in south China's Guangdong Province, have become the latest Chinese cities to ease the financial pressure for buying houses.
Shanghai optimizes real estate market policies, eases buying curbs - China Property News
Property

Shanghai optimizes real estate market policies, eases buying curbs

Shanghai issued a set of measures on Monday to optimize the real estate market, easing home-buying restrictions for non-Shanghai residents and families with multiple children.
China to set up 300-bln-yuan relending facility for government-subsidized housing - China Property News
Property

China to set up 300-bln-yuan relending facility for government-subsidized housing

China's central bank announced on Friday that it would establish a 300-billion-yuan (US$42.25 billion) relending facility to support the government-subsidized housing project.
China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market - China Property News
Property

China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market

China announced Friday that the minimum down payment ratios for individuals' commercial housing mortgages will be lowered to no less than 15 percent for first-home purchases.
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