Daily Archives: 30. January 2016

Home buying sentiment rebounded slightly in Shanghai last week despite a plunge in supply, latest market data suggest. The area of new residential properties sold, excluding government-subsidized affordable housing, rose 3.2 percent to 303,200 square meters during the seven-day period ended Sunday, Shanghai Homelink Real Estate Agency Co said in a report released today. more »

Hong Kong has the least affordable housing of 87 major global cities, with prices a record 19 times average pre-tax household income, according to a new survey. Housing in the city is classified as “severely unaffordable” in the report by think tank Demographia. The rating was the least affordable ever recorded in the 12-year more »

About one third of China’s listed real estate developers expect a loss for 2015 while nearly 50 percent said they would suffer a drop in net profit despite a general recovery in the property market, latest data showed. Fifteen of the 50 property developers listed on the Shanghai and Shenzhen stock exchanges which have more »