REAL ESTATE

New Zealand Bans Second-Hand Home Sales to Non-Resident Foreigners

New Zealand Bans Second-Hand Home Sales to Non-Resident Foreigners

New Zealand’s parliament passed an act with 63 votes in favor and 57 against on Aug. 15 which will strictly restrict foreigners without right of residence from buying local real estate.

Aug 17, 2018
Wu Jiang
China Finishes Property Destocking, Sinking Inventories to 50-Month Low, Analysts Say

China Finishes Property Destocking, Sinking Inventories to 50-Month Low, Analysts Say

China's housing market remains stable overall and is moving in a positive direction, with inventories falling to a 50-month low, analysts said.

Aug 15, 2018
Xu Wei
China's Property Developers Invest USD959 Bln in New Projects Amid Record Sales

China's Property Developers Invest USD959 Bln in New Projects Amid Record Sales

China's real estate developers invested more in new projects in the first seven months this year, while reporting record sales.

Aug 14, 2018
Liu Jing & Liao Shumin
Shanghai's New Home Sales Hit High in July

Shanghai's New Home Sales Hit High in July

The transaction volume of new commercial residential housing in Shanghai reached a new high in a single month in the…

Aug 3, 2018
Liu Jing & Tang Shihua
China to Toughen Up Stance on Rising House Prices

China to Toughen Up Stance on Rising House Prices

China’s Politburo has reaffirmed its stance on property prices by refocusing its mission to limit all increases, rather than just “excessive” gains.

Aug 1, 2018
Liao Shumin
Chinese Housing Buyers Splurge the Most in US Amid Market Cooling

Chinese Housing Buyers Splurge the Most in US Amid Market Cooling

The worth of foreign investment in the US residential real estate market declined, while Chinese investors retained their top position with lavish houses mostly in California.

Jul 31, 2018
Miao Qi
CIFI to Buy More Shared Land to Curb Investment Risk

CIFI to Buy More Shared Land to Curb Investment Risk

CIFI to Buy More Shared Land to Curb Investment Risk. Property developer and manager CIFI Group is planning to buy…

Jul 20, 2018
Luo Tao
Avert Overseas Debt Risks, Manage Realty Firms’ Foreign Loans, NDRC Stresses

Avert Overseas Debt Risks, Manage Realty Firms’ Foreign Loans, NDRC Stresses

The National Development and Reform Commission recently reiterated the need to properly control the amount of foreign debt, optimize its…

Jun 29, 2018
Tang Shihua
China's Second-Tier Cities Pioneer in Measures to Deflate Booming Housing Bubbles

China's Second-Tier Cities Pioneer in Measures to Deflate Booming Housing Bubbles

Two Chinese second-tier cities of Xi'an in northwestern Shaanxi province and Changsha in central Hunan province have tightened housing policies to control property speculation.

Jun 26, 2018
Chen Juan & Liu Jing
Cracks, Leaks, Hazards: Malaysian Lux Condo Buyers Sue Chinese Developer

Cracks, Leaks, Hazards: Malaysian Lux Condo Buyers Sue Chinese Developer

Some 45 luxury condo owners at Danga Bay, a recreational city in Johor Bahu, Malaysia have accused Chinese real estate…

Jun 25, 2018
Xu Wei
Infrastructure Outlays Drag on China’s Fixed Asset Spending, NBS Says

Infrastructure Outlays Drag on China’s Fixed Asset Spending, NBS Says

Infrastructure Outlays Drag on China’s Fixed Asset Spending, NBS Says. China’s fixed asset investment over the first five months was…

Jun 14, 2018
Xu Wei
Lianjia Is Unaware of Chairman’s Plans to Buy Pacific Century Place, Executive Says

Lianjia Is Unaware of Chairman’s Plans to Buy Pacific Century Place, Executive Says

Workers at Beijing Homelink Real Estate Brokerage, one of China’s biggest property agencies and better known as Lianjia, are not…

Jun 11, 2018
Xu Wei