According to experts, the main focus for Chinese government to stabilize the real estate market lies in the stimulation of the private housing demand and the strengthening of the low-cost housing building.
Qin Xiaomei ,research chief at CB Richard Ellis’ Beijing branch, said ,”The government are definitely concerned about how to keep the real estate market stable ,particularly at a time when the country’s economy has an increasing risk Read more…
Popularity: 3% [?]
China, demand, economy, government, market, real estate
According to a government spokesman, before the end of the year 2010, Nanjing will spend another 30 billion yuan ($4.4 billion) in the 3 million sq m of residential areas which need innovation.
The spokesman for the Nanjing real estate administrative bureau, Huang Chang’an, said that the low-rent housing system will get an additional 1.08 billion yuan and that 6 million sq m of affordable apartments will be built before Read more…
Popularity: 2% [?]
area, innovation, nanjing, real estate, residential
Based on a report by Jones Lang LaSalle, a professional services firm specializing in real estate, the transparency of real estate has improved in many emerging markets during the past two years, with China achieving the greatest improvement in the Asia-Pacific region.
According to the latest China edition of the Global Real Estate Transparency Index from Jones Lang LaSalle Read more…
Popularity: 3% [?]
business, China, Improvement, market, real estate
According to the National Bureau of Statistics (NBS), prices indices of fixed-asset investment rose 8.6 percent year-on-year in the first quarter.
Due to the rise of building material prices (up 13.7%) and labor costs (up 13.5%), the cost of construction and installation engineering that represents almost 60% of total expenditure on fixed assets, went up 12.4%. Analysts from NBS said the increase of fixed-asset investment prices indices in the first quarter was the biggest in the past 13 years and the increase would likely to continue. The result of such increase would probably be a drop of fixed-asset investment. However, some experts believe that fixed-asset investment would stay high for the rest of the year.
In addition, real estate investment rose 32.3 percent to 468.8 billion yuan during the first quarter, or 5.4 percentage points more than a year earlier.
Economic growth slowed to 10.6 percent in the first quarter, compared with 11.7 percent in the same period of last year.
Popularity: 1% [?]
economic growth, fixed asset, investment price indices, real estate
According to experts, the main focus for Chinese government to stabilize the real estate market lies in the stimulation of the private housing demand and the strengthening of the low-cost housing building.