As the saying goes, a picture speaks a thousand words, and the one below is no exception. Courtesy of CBA, it shows the monthly change in new house prices in China going back three years, breaking the results down by the size of city as determined by China’s National Bureau […]
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 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 […]
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 […]
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 house prices in large tier one cities have been heating up, on the back of further monetary policy easing from the People’s Bank of China (PBOC), a surge in new lending, and a preference among investors to take on increased exposure to the property market over stocks. In Shenzhen, […]
FOMO, or the fear of missing out, has become an increasingly popular acronym of late, joining the ranks of QE, POMO, ZIRP and NIRP in the everyday vernacular of people in financial markets. In the investment world, FOMO is about spurring people to make investment decisions quickly, and some times […]
Last week we brought you the news that new home prices in the southern Chinese city of Shenzhen soared by more than 50% in the 12 months to January, a figure that put the likes of New York, London and Sydney to shame in terms of annual rates of growth. […]
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 […]
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 […]
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 economic growth is likely to slow from around 7% this year to 6.2% in 2016, dragged lower by a slowdown in the nation’s vast property construction sector and excess capacity in the industrial and mining sectors. That’s the downbeat assessment offered by UBS’ China economics team, consisting of Tao […]
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 […]
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 […]
A glimmer of hope.
A historic relationship.
Now the property market is heating up.