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China's economic slowdown deters potential home buyers despite moves to bolster the sector - Vimarsana News

China's economic slowdown deters potential home buyers despite moves to bolster the sector

China’s measures to bolster its vast debt-riddled property sector are not helping ease the slump in its real estate market.

Source: afr.com
'Too afraid to buy': China's slowing property market - Vimarsana News

'Too afraid to buy': China's slowing property market

The slump in China's property market is driven by more fundamental factors than the cost of borrowing.

Sagging property sales worsen China's economic wes - Vimarsana News

Sagging property sales worsen China's economic wes

China home prices fell for the fourth month in August - a further indication along with layoffs and rising debt of escalating economic malaise

'Too afraid to buy':China's slowing economy overshadows property easing moves - Vimarsana News

'Too afraid to buy':China's slowing economy overshadows property easing moves

Real estate agents have been calling Daisy Wu non-stop to get her to buy an apartment in the southern Chinese city of Shenzhen, but the 28-year-old said she was too worried about the slowing economy to consider making a purchase. Wu's concerns belie a raft of measures rolled out by the Beijing government this week to revive the economy and target the deepening crisis in its massive debt-riddled property sector which has been on the decline since 2021. The measures include lower mortgage rates for first-time homebuyers, but analysts warn that like Wu, the sentiment among many Chinese is ...

Source: yahoo.com
'Too afraid to buy':China's slowing economy overshadows property easing moves -Today at 04:10 am - Vimarsana News

'Too afraid to buy':China's slowing economy overshadows property easing moves -Today at 04:10 am

Real estate agents have been calling Daisy Wu non-stop to get her to buy an apartment in the southern Chinese city of Shenzhen, but the 28-year-old said she was too worried about the slowing...