Markets

House prices in China’s largest cities have posted another insane rise

Chinese new home prices continued to accelerate last moth according to data released by China’s National Bureau of Statics on Monday. Nationally, new home prices increased by 4.9% in the 12 months to March, the fastest year-on-year increase seen since May 2014. Continuing the theme seen since last year, almost […]
House prices in China’s largest cities have posted another insane rise
Markets

China is looking to take the heat out of its hottest housing markets

House prices in the Chinese cities of Shenzhen and Shanghai have soared over the past 12 months, rising by 57% and 21% respectively. The enormous price acceleration, buoyed by a raft of government incentives to encourage housing investment, lower interest rates, a flourishing shadow banking system and lack of investment […]
China is looking to take the heat out of its hottest housing markets
Markets

Chinese P2P lending for property investment is growing at an explosive rate

Peer-to-peer (P2P) lending for property investment in China grew by an alarming 163% last year, underscoring just one of the factors behind recent heat in some of China’s largest property markets. According to Bloomberg, citing research from the Shanghai-based Yingcan Group, P2P housing loans grew more than six times faster […]
Chinese P2P lending for property investment is growing at an explosive rate
Markets

Chinese new home sales have surged 50% in just 12 months

Even with distortions that result from the timing of the week-long Lunar New Year holiday, Chinese economic data for February has been terrible. Export growth tanked, retail sales slowed sharply, industrial output grew at the slowest pace since the global financial crisis, and manufacturing activity levels continued to contract while […]
Chinese new home sales have surged 50% in just 12 months
Markets

China is delivering more stimulus to its property market

Amidst signs that the tepid rebound in prices is stalling, China’s central bank has announced further measures designed to support its housing market. Overnight the PBOC said that it will allow lenders to cut the minimum mortgage down payment for first-home buyers from 25% to 20%, taking the required level […]
China is delivering more stimulus to its property market
Markets

A third of Chinese property developers lost money last year

2015 was a tough year for Chinese property developers. Plagued by falling property prices, largely as a result of a mounting supply glut in smaller cities, one third reported an operating loss. According to the state-run People’s Daily newspaper, citing an article in the Beijing Times, 15 Chinese real estate […]
A third of Chinese property developers lost money last year
Markets

Chinese new house prices are up by as much as 46.8% annually

Chinese new home prices rose by 1.6% in the year to December, continuing the tepid recovery first started in April last year. According to calculations from Reuters, the increase was the fastest seen since July 2014. Continuing the pattern seen over the past six months, all of the national increase […]
Chinese new house prices are up by as much as 46.8% annually
Markets

China is about to make a big move on its housing market

Weakness in China’s housing market, particularly smaller second and third tier cities, remains entrenched. According to data recently released by the China’s National Bureau of Statistics, unsold home inventories across the nation hit a record 686.3 million square meters as at the end of October, up 17.8% on the levels […]
China is about to make a big move on its housing market
Markets

Commodity markets just copped another hit

In September the commodities sector, under siege this year from the double-whammy of increased output and weakening demand, received some welcome news. Out of the blue, the amount of floor space under construction in China ripped higher, jumping by 100 million square metres from August to nearly 250 million square […]
Commodity markets just copped another hit