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The down payment for first-time homebuyers in Hefei city and Wuhan city have been lowered from 20% to 15% - the lowest ratio allowed that the central bank announced last week, Shanghai Securities News reported on Wednesday.
BEIJING - China cut the minimum down payment rate for first-time homebuyers recently and suggested the government could buy up commercial real estat
Several cities across China have lowered down payment and mortgage loan interest rates, in response to the latest wave of stimulus measures to boost lackluster property demand, state media... -May 22, 2024 at 07:20 am EDT - MarketScreener
By Jiahui Huang China Vanke has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of the state-backed developer's ongoing efforts to temper...
By Jiahui Huang Shares of Chinese property developers surged on rising expectations that government entities in China are moving to help buy up excess housing in a bid to revive the struggling...