Mainland property market cools off as regulations bite

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Local startup unveils fire-resistant home 3 Things to Know in the Housing Market today! mainland property market cools off as regulations bite Home price growth lost steam in all major Chinese cities in August, an indication that Beijing’s efforts to stabilise housing costs are continuing to pay off.

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Nationwide, property prices rose 0.2 per cent in May from a month earlier, and were 12.4 per cent higher than a year earlier. The increases were smaller than in April. Property prices will fall within a few months as government steps to cool the real estate market bite deeper, Xu Shaoshi, the minister of land and resources, said on Sunday.

After years of a continuous uptrend, the market has finally started to cool down. Some other outspoken reasons why the market has stagnated are: Problems with local infrastructure, like lack of clean water; Oversupply of property, due to lack of property regulations and zoning; foreign property ownership regulations in Bali

Suzhou, a city near Shanghai of interlocking canals and waterways, has tightened its real estate regulations. measures to cool prices. “The tightening policy in Suzhou certainly does not bode well.

Economy / Here’s how much money flows in from Hong Kong. In the first seven months of 2019, $55.37 billion of inbound direct investment in the mainland came from Hong Kong (including investment via free ports such as the Cayman Islands, Mauritius and Barbados), accounting for 70.27% of the total, according to data from China’s Ministry of Commerce.

The property market on the Chinese mainland cooled off in May after a torrid performance earlier in the year, due to increased regulatory intervention, experts said. Zhang Dawei, chief analyst of property consultancy Centaline, said May witnessed a calm market and the trend seems to have continued.

Chinese property investor interest in Australia cools as tougher regulations bite.. Australian property market to new heights.. the-plan sales and the off-the-plan sales market is really.

Police responded with tear gas, rubber bullets, and pepper spray against the umbrella-wielding crowds gathered near the province’s legislature to protest a bill that would allow extradition to.

China’s real estate sector may cool. analyst with property consultancy Centaline Shanghai, said the property market in China’s major cities is expected to develop in a more healthy and sustainable.

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A salesman introduces a property project in Wuhan, Hubei province. [Photo by Miao Jian/For China Daily] The property market on the Chinese mainland cooled off in May after a torrid performance.

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