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The rise in home mortgage rates will adequately tame soaring property prices and lower risks, but local policymakers should be aware of protecting first-time buyers, according to experts.
From:ChinaDaily | 2021-05-27 09:51 Credit rating system needed for enterprises to reduce, prevent business risks The long-term rental housing sector is entering a boom with its market scale expanding to the trillion-yuan level, and the country's latest guideline on rental housing will provide policy support for guaranteeing the sector's healthy development, experts said. China's existing rental housing market currently has a total asset value of some 500 billion yuan ($77.75 billion). The central government has made it clear that a certain amount of residential land supply will be set...
Demand for new homes is rising steadily in top Chinese cities and major city clusters, thanks to the country's rapid urbanization pace, according to the country's recently released seventh national census, experts said.
From:ChinaDaily | 2021-05-27 09:50 Demand for new homes is rising steadily in top Chinese cities and major city clusters, thanks to the country's rapid urbanization pace, according to the country's recently released seventh national census, experts said. The census, the largest of its kind across the world, was conducted last year and published on May 11.According to the National Bureau of Statistics, the number of people on the Chinese mainland currently stands at 1.41 billion, up 5.38 percent from the previous census conducted in 2010. In total, about 370 million people are living a...
From:ChinaDaily | 2021-05-06 07:12 Shanghai's new property projects remain popular during May 1-5 Growing enquiries for new home projects in major Chinese cities during the five-day Labor Day holiday are an indication of homebuyers' preference for living in the country's top-tier cities, experts said. Meanwhile, disappearance of speculation on the property market in Shanghai and the stabilized residential market in Beijing have proved that tightening measures are successful in guiding the housing market on a healthy development path, they said. Regardless of their location, new housin...