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The digitalization of China's housing market is irreversible, even after the pandemic. "The digital age that we are living in is creating many opportunities. Digitalization is also a long-term solution to all kinds of business uncertainties, such as the current pandemic," said Professor Che...
China continued to see a generally stable housing market in January, as new home prices edge up for the first time since September on a monthly basis, official data showed Monday. New home prices in four first-tier cities, including Beijing, Shanghai, Shenzhen and Guangzhou, changed from a ...
It expects afurther 10% fall this year. And soservices are having to be cut. In turn, the continuing bust in the housing market will have an increasing impact on the wider economy.
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BEIJING, Jan. 15 (Xinhua) -- China continued to see a generally stable housing market in December 2021, with home prices in 70 major cities showing slight month-on-month declines, official data showed Saturday. New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and ...
If true, China’s housing market is doomed. But, to paraphrase Mark Twain, reports of the market’s demise are an exaggeration. According to the national statistics bureau, China has built 14.4 billion square metres (155 billion square feet) of saleable homes – excluding self-built homes suc...
China continued to see a generally stable housing market in January, as new home prices edge up for the first time since September on a monthly basis, official data showed Monday. New home prices in four first-tier cities, including Beijing, Shanghai, Shenzhen and Guangzhou, changed from a ...
Despite increasing downward economic pressure, Chinese authorities have kept a tight lid on housing market speculation. The country will stick to the principle that "housing is for living in, not for speculation," along with the implementation of a long-term management mechanism for the market, sa...