HousingMarket

China's New Home Sales Show Resilience Amid Ongoing Policy Support

1 month ago

In a notable development for the real estate sector, new home sales in China remained steady, reflecting the impact of sustained governmental policies aimed at propelling economic growth and stabilizing the housing market. This stability comes at a crucial time as economic challenges continue to loom over the country’s recovery post-pandemic.

Chinese Property Developers Surge to Secure Land Amid Relaxed Housing Regulations

2 months ago

In a transformative turn of events, China's beleaguered property developers have ramped up their land purchases, paying premium prices after the government eased certain housing regulations. This significant policy shift marks a considerable departure from the stricter measures implemented in previous years, aimed at cooling the overheated property market.

Country Garden's Sales Slump Deepens, Marking a Challenging End to 2024

3 months ago

In a reflection of the ongoing challenges in China’s real estate sector, Country Garden Holdings Co. has reported a significant drop in its monthly sales for December 2024. This downturn not only underscores the company's struggles but also signals a broader dilemma faced by property developers across the nation.