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China home price

China’s home prices fall for 10th straight month in fresh alarm for stronger policy response, revival plans

by Anas Siddiqui
China’s home prices fall for 10th straight month in fresh alarm for stronger policy response, revival plans

China’s home prices in the primary market fell for a 10th consecutive month in March, showing the government’s measures to support the nation’s struggling developers and lift consumer confidence are …

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Hangzhou, home to Alibaba and Geely, turns market-friendly by scrapping more barriers to revive home sales

by Anas Siddiqui
Hangzhou, home to Alibaba and Geely, turns market-friendly by scrapping more barriers to revive home sales

The local government in Hangzhou, the capital of eastern Zhejiang province, has taken another drastic move to ease home-purchase restrictions in the city, after an effort last year failed to …

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No relief yet for China’s housing market with excess supply in secondary market, weak price guidance in new projects

by Anas Siddiqui
No relief yet for China’s housing market with excess supply in secondary market, weak price guidance in new projects

China’s housing market is seen under more pressure this year, plagued by excess supply in the secondary market as desperate homeowners look to cash out. Prices may need to drop …

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Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

by Anas Siddiqui
Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse which has a GDP of US$2 …

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Growing number of mainland Chinese would rent homes rather than buy amid economic downturn, analysts say

by Anas Siddiqui
Growing number of mainland Chinese would rent homes rather than buy amid economic downturn, analysts say

Linda Chen, 28, sold her 70 square metre (753 sq ft) home in China’s eastern Hangzhou city for a discount of about 300,000 yuan (US$41,963) and moved into a rented …

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