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home price

Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

by Anas Siddiqui
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

In the primary market, transactions popped up significantly as soon as the government removed the property curbs. A total of 4,141 new residential units were sold in March, compared with …

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China property: government buying of unsold homes lifts sentiment but is no cure-all for market doldrums, analysts say

by Anas Siddiqui
China property: government buying of unsold homes lifts sentiment but is no cure-all for market doldrums, analysts say

Sentiment in China’s property market rose on expectations that the government will step in to soak up unsold inventory, after plans for Hangzhou to do so came to light. However, …

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Young homebuyers snap up discounted flats at Sun Hung Kai’s Yoho Hub II in Yuen Long

by Anas Siddiqui
Young homebuyers snap up discounted flats at Sun Hung Kai’s Yoho Hub II in Yuen Long

Hong Kong homebuyers continue to be enticed by discounts as they snapped up flats at Sun Hung Kai Properties’ (SHKP) new project in Yuen Long on Saturday. Out of 210 …

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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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China property: Beijing needs US$2.1 trillion to revive sector as rescue plans have not been good enough, Goldman says

by Anas Siddiqui
China property: Beijing needs US.1 trillion to revive sector as rescue plans have not been good enough, Goldman says

China’s housing market has further room to weaken as efforts to revive the sector have not gone far enough to arrest a three-year slump, according to Goldman Sachs. The government …

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China property: ‘iPhone City’ gets a consumption upgrade incentive with trade-in scheme to revive woeful housing market

by Anas Siddiqui
China property: ‘iPhone City’ gets a consumption upgrade incentive with trade-in scheme to revive woeful housing market

China is encouraging more property owners to swap their old homes for new ones as a way to rejuvenate the market, with a local government in central Henan province joining …

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Chinese developer Longfor’s 50% profit slump reflects the poor state of housing market

by Anas Siddiqui
Chinese developer Longfor’s 50% profit slump reflects the poor state of housing market

Chinese property giant Longfor Group reported a near 50 per cent slump in net profit for last year, while revenue from home sales plunged because of the sluggish housing market. …

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China struggles to arrest a 9-month slide in new home prices as cash squeeze among big developers keeps buyers on sidelines

by Anas Siddiqui
China struggles to arrest a 9-month slide in new home prices as cash squeeze among big developers keeps buyers on sidelines

Home prices in China fell for the ninth month in February, suggesting weak underlying demand and confidence among consumers despite measures by authorities to loosen buying restrictions and boost lending …

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Why home prices in Hong Kong won’t rebound despite the removal of property curbs

by Anas Siddiqui
Why home prices in Hong Kong won’t rebound despite the removal of property curbs

“We consider that the relevant measures are no longer necessary amid the current economic and market conditions.” The measures withdrawn include Buyer’s Stamp Duty (BSD) that targeted non-permanent residents and …

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China’s home prices continue decline with biggest drop in nearly 9 years as easing measures fail to buoy buyer confidence

by Anas Siddiqui
China’s home prices continue decline with biggest drop in nearly 9 years as easing measures fail to buoy buyer confidence

Prices of new homes fell last month in 62 of the tracked cities, versus 59 in November. Lived-in homes saw lower prices in all 70 cities in December for the …

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