PropertyMarket

Country Garden's Sales Woes Deepen Amidst China's Prolonged Housing Crisis

18 days ago

In a troubling development that underscores the ongoing struggles in China's real estate sector, Country Garden Holdings has reported a significant decline in its sales figures. This slump follows a tumultuous period for the developer, which has been grappling with a plethora of challenges throughout the year.

Can China's New Stimulus Package Revitalize Its Ailing Economy and Property Markets?

2 months ago

In a move aimed at countersinking mounting pressures on its economy, China has unveiled a comprehensive stimulus package. This comes amid a backdrop of escalating domestic challenges, particularly within the property sector, which has been struggling to regain its footing after several years of contraction. As the country grapples with declining growth rates, the Chinese government hopes that this influx of financial resources will shore up investor confidence and reignite growth across various sectors.

China Home Sales Slump Intensified in September Before Stimulus

3 months ago

Home sales in China have been on a steep decline throughout September, the decline worsening as the country prepares for new economic stimulus measures. Major property developers are showing sharp drops in sales that reflect compounded concerns over China's real estate sector, which has been sluggish for months. These figures have increased alarm over the general health of the Chinese economy and the efficacy of prospective interventions.