Northern Chinese province Shanxi eased rules on home purchasing, becoming the fourth province to undo previous curbs in hopes of slashing more property inventory in China's lower-tier cities.
Chinese interests have bought two farms north of Auckland spanning 94.4ha which will soon be rezoned from rural to urban, allowing vast new housing estates to be built.
Government in Tianjin's Binhai New Area said the repurchase price for the damaged houses in Tianjin blasts on Aug 12 will be 1.3 times of the house price, reported Beijing Times on Tuesday.
China's real estate market remained largely anemic in April, but the faint price recovery in top-tier cities offered a sign of improvement in a sector whose fortunes are deemed to be crucial to the economy.
The sales volume of new homes in major cities posted a solid gain in April thanks to policy easing, according to a report released by E-house China R&D Institute, a leading property consultant firm.
China's property market diverged further in the first quarter, with a slowdown in new commercial and residential housing sales and an uptick in affordable housing investment and high-end houses.
Australia's treasurer Joe Hockey has risked severe backlash from Chinese investors by ordering one of the country's wealthiest men, Hui Ka Yan, to sell a 30.4 million U.S. dollar property in Sydney.
Australia's treasurer Joe Hockey has risked severe backlash from Chinese investors by ordering one of the country's wealthiest men, Hui Ka Yan, to sell a 30.4 million U.S. dollar property in Sydney.
China's real estate industry will focus on selling its mounting inventory amid price corrections and possible collapses of small property developers in the coming year, industry insiders said.
Despite a rush to buy property in China, Huang Dandan, a white-collar worker who has worked in north China's Tianjin Municipality for one year, decided to sit tight.
A majority of 80 listed Chinese property developers earned less profits in the third quarter, with a few companies suffering losses, amid a continuing downturn in China's property market, latest financial results show.
Investment growth in China's property sector continued to slow despite easing government restrictions on the market, statistics from the National Bureau of Statistics (NBS) showed Tuesday.
China has completed opinion seeking on a provisional property registration guideline.
China's economic recovery took a temporary pause in July owing to weaker domestic investment demand, but it still remained on track, said Wang Tao, chief China economist at Switzerland's largest bank UBS, in a research note.
The company of China's real estate tycoon, Wang Jianlin, will launch into Australia's property- development market, creating a billion-dollar local arm to invest in new projects, including a long-awaited Gold Coast high-rise complex.
The cooling of China's property market is likely to encourage authorities to speed up property tax reforms, which many believe will play a key role in putting the sector back on track.
Chinese authorities on Sunday issued a notice to step up registration of rural land use rights and property above the land, along with such efforts in cities.
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