Six weeks until year end and city governments in China are struggling to meet their goal of preventing house prices from rising too quickly.
Hikes in Chinese urban house prices are again touching a nerve among the public as the faster-than-expected price growth heightens expectations for new control measures, the China Securities Journal reported on Wednesday.
Strong rebounds in China's home prices have again put the country's policymakers in a difficult position as how to uphold the economy's growth while keeping the property market in check, delegates said at an ongoing forum.
China is expected to unveil a plan for a long-term mechanism to nurture the healthy development of the real estate market in the next three months, a senior industry official said Wednesday.
South Korean economy grew at a modest pace despite lingering downside risks such as uncertainties over the U.S. quantitative easing, a government report showed Tuesday.
Prices of both new and existing homes continued to rise in most Chinese cities in June, according to official data released on Thursday.
The second-hand home sales in Hong Kong are picking up slightly recently after an unusually sluggish transaction volume in March, with property owners axing prices to entice home buyers.
According to the latest data from the National Bureau of Statistics, new home prices rose in almost all Chinese cities in March.
New home prices rose in almost all major Chinese cities in March, as transactions soared ahead of renewed government control measures, according to data issued by the National Bureau of Statistics (NBS) on Thursday.
South Korea planned to boost its faltering real estate market with the comprehensively easing measures such as the offer of exemptions on acquisition and capital gains taxes along with the financial support for first- time home buyers, the Construction Ministry said Monday.
Two palliative care patients in a nursing home have died due to flu outbreak in Australia's North Queensland, local media reported on Thursday.
New home prices rose more steeply in more Chinese cities in February, putting the government in an increasingly complex situation of regulating the bubble-ridden market, official data showed Monday.
Train stations, airports and bus stations are getting more and more crowded in the coming days, as hundreds of millions of Chinese are making their way back home ahead of the Chinese Lunar New Year.