The latest analysis and updates on global property/real estate. Hong Kong, China, and the rest of the world.
China, Real Estate. 18 October, 2011, 17:22 China Real Estate: Banks Increase Mortgage Rates
Despite monetary tigtening on hold, Chinese banks are tightening the screw: they raise mortgage rates for first-home buyers by 5-10%.
China, Real Estate. 12 October, 2011, 18:24 China Real Estate: The Withdrawal Of The Withdrawal Of Purchase Restriction
Yesterday, Foshan government withdrew the plan to withdraw the real estate purchase restriction within a day.
China, Real Estate. 10 October, 2011, 2:39 China Real Estate: The No-Longer-Golden Golden Week
The Golden Week for real estate sales is no longer golden now. Transaction volumes in various cities of China fell to multi-year low.
China, Real Estate. 4 October, 2011, 13:21 China Real Estate: Some Anecdotes As Told By Deutsche Bank
Deutsche Bank is now expecting the Chinese property market to fall by 10% in the next 4-6 months, but not anything more than that.
Real Estate, World. 27 September, 2011, 21:42 United States: S&P/Case-Shiller Indices Show Mixed Signs Of Stabilisation
S&P/Case-Shiller home prices indices rose for the fourth consecutive month, but most of the gains appear to be largely seaonsal.
China, Real Estate. 27 September, 2011, 16:42 S&P Raises More Concerns On Chinese Real Estate Developers
Standard & Poor’s raises more concern on the credit outlook of Chinese real estate developers, as slowing sales and difficult credit environment impact liquidity.
Hong Kong, Real Estate. 21 September, 2011, 2:30 Hong Kong Property: Brace For Higher Interest Rates
Interest rates have been increased by more 200 basis points without the Fed tightens, just as I expected, and it looks likely to continue.
China, Real Estate. 11 September, 2011, 0:55 Building For Ghosts: Ordos Revisited
Al Jazeera brought some latest images from the now reknown ghost cities of Ordos of Inner Mongolia, China.
Hong Kong, Real Estate. 10 September, 2011, 2:41 Hong Kong Property: Further Warnings On Macro Risks
Monetary tightening in China has taken the steam out of the property market, and it is now vulnerable to the deteriorating global macro shocks.
Hong Kong, Real Estate. 6 September, 2011, 17:14 Hong Kong Property: Mixed Results At Land Auction
The latest land auction produced a mixed result, with the Tseung Kwan O site slightly below expectation, while the other two meeting expectation.
Real Estate, World. 30 August, 2011, 21:39 United States: S&P/Case-Shiller Indices Show Signs Of Stabilisation
The US housing continues to show some signs of stabilisation amid seasonal strength. The National Index rose by 3.6% in the second quarter.
China, Real Estate. 29 August, 2011, 15:48 China Real Estate: Something Which Caught My Attention
Despite apparent resilience, some new homes are sold at lower prices than old flats. Meanwhile, Greentown lost almost half of its cash in 6 months.
China, Real Estate. 24 August, 2011, 1:40 Chinese Real Estate Developers Inventories Rise, Profits Mixed
Listed Chinese real estate developers inventories rose. The profit picture is somewhat mixed: those with 2nd/3rd tier cities exposure did worse.
Hong Kong, Real Estate. 23 August, 2011, 0:36 Hong Kong Property: Rents And GDP Growth
Rental growth tracks with nominal GDP growth. If the economy is headed for a recession in the coming quarters, rental growth will stall.
China, Real Estate. 18 August, 2011, 12:09 China: Home Prices In July 2011
Home prices growth in China continues to moderate, but not much correction has been seen so far amid monetary tightening and prices curbing.
China, Real Estate. 18 August, 2011, 0:16 Scrambling To Sell Properties: Wenzhou Edition
Cash-strapped real estate speculators and business owners are scrambling to sell their properties amid tightening of bank credits in Wenzhou.
Hong Kong, Real Estate. 15 August, 2011, 15:56 Hong Kong Property: What’s Important And What’s Not
The global macro risks remain to be the key thing to watch for the Hong Kong property market. More downside will be possible if the macro picture deterioriates.
Hong Kong, Real Estate. 9 August, 2011, 15:20 Hong Kong Property: Nasty Surprise At Land Auction
The government land auction today was a nasty surprise, with Sino and Kerry-led consortium won the site at opening bid, way below market expectation.
Real Estate, World. 26 July, 2011, 21:34 United States: S&P/Case-Shiller Indices Show Home Prices Increase
The housing market is stabilising in the US as the S&P/Case-Shiller indices show, but it may be all down to seasonality effect.
China, Real Estate. 25 July, 2011, 17:12 China Real Estate: Unsold Inventories Continue To Rise
Unsold real estate inventories across various cities in China have been rising steadily since early this year, which will eventually put pressure on prices.