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Home prices

Opinion | China stock market bulls aren’t just being contrarian

by Anas Siddiqui
Opinion | China stock market bulls aren’t just being contrarian

Another month, another batch of bleak data for China’s crisis-ridden residential property sector. Average prices for second-hand homes fell 0.8 per cent in November, the sharpest monthly decline since October …

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China’s new home prices drop for fifth month, falling in 59 out of 70 cities as market waits for stimuli to take hold

by Anas Siddiqui
China’s new home prices drop for fifth month, falling in 59 out of 70 cities as market waits for stimuli to take hold

China’s new home prices fell for the fifth straight month in November, with 59 out of 70 cities tallied by the National Bureau of Statistics (NBS) posting declines compared with …

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Sino Land-led consortium snaps up Ma Tau Wai site despite worries about Hong Kong’s sluggish economy and weak property market

by Anas Siddiqui
Sino Land-led consortium snaps up Ma Tau Wai site despite worries about Hong Kong’s sluggish economy and weak property market

A Sino Land-led consortium won the right to develop a plot in Hong Kong’s Shing Tak Street from the Urban Renewal Authority (URA), after its bid displayed confidence in a …

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Hong Kong home prices down 20% from historical peak, rebound hinged on US interest rate cuts

by Anas Siddiqui
Hong Kong home prices down 20% from historical peak, rebound hinged on US interest rate cuts

Allen added that the number of clients wanting to buy luxury homes in Hong Kong is increasing, and that more enquiries have been received due to the “decent price the …

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Hong Kong home prices will fall by 10 per cent in 2024, UBS says, amid high interest rates, housing glut

by Anas Siddiqui
Hong Kong home prices will fall by 10 per cent in 2024, UBS says, amid high interest rates, housing glut

In lockstep with the Fed’s aggressive tightening campaign, the Hong Kong Monetary Authority (HKMA) has raised rates by a cumulative 5.25 percentage points since March 2022, with the base rate …

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Luxury California home — complete with meth lab and “contamination” — selling for $1.55 million

by Ron Morgan
Luxury California home — complete with meth lab and “contamination” — selling for .55 million

Raw Video: SJPD press conference on PG&E transformer attack suspect Peter Karasev Raw Video: SJPD press conference on PG&E transformer attack suspect Peter Karasev 14:12 Now’s your chance to own …

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More Canadians giving up on owning a home, say it’s only for the rich: poll – National

by Vera Ward
More Canadians giving up on owning a home, say it’s only for the rich: poll – National

A growing majority of Canadians believe owning a home has become a privilege that can only be afforded by the rich, a new poll suggests, with nearly three-quarters of those …

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China’s property slump worsens, clouding recovery prospects

by Walter Watson
China’s property slump worsens, clouding recovery prospects

Residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China, on Thursday, Sept. 7, 2023. Speculative bets that Chinese authorities will …

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New Zealand’s opposition leads in polls, vows to shake up central bank

by Walter Watson
New Zealand’s opposition leads in polls, vows to shake up central bank

The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. Mark Coote | Bloomberg | Getty Images New Zealand’s central bank could have its policy goals narrowed …

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Should Ottawa build homes again? ‘Conversations’ happening, minister says – National

by Vera Ward
Should Ottawa build homes again? ‘Conversations’ happening, minister says – National

As pressure mounts on the federal government to take a more active role in filling the housing supply gap, the minister in charge of the portfolio is exploring new — and …

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