Press "Enter" to skip to content

China’s housing market continues cooling trend in new year

China's real estate market is cooling further, adding more pressure on a sector already losing steam hit by a prolonged policy tightening and concerns about a slowing economy.

As of February 12th, 26 real estate developers tracked by the Centaline Property reported a 13.6 per cent decline in combined contracted sales, compared to the same period last year. In addition, more than 30 of the top 100 developers saw sales drop year-on-year, among which, 16 developers' sales dropped by more than 30 per cent.

According to property consultancy CRIC, the top 10 . . .

To continue reading, please subscribe:

SUBSCRIBE

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

Not satisfied with general information that you can get everywhere? Join us now! We go deeper to bring you details, data and perspectives you won't read elsewhere!

What you'll get:

  • In-depth & data-driven reporting on China's economy and financial markets
  • Daily Brief newsletter delivered before market open every weekday. You don't have to spend time to source information about this market. We do it for you! You only need to spend 10 minutes every day to read our newsletter! 
  • Exclusive interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

 

Top