Nikkei Markets Singapore housing market cools as government measures bite. Sharp fall-off in property prices unlikely, say observers
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The property market on the Chinese mainland cooled off in May after a torrid performance earlier in the year, due to increased regulatory intervention, experts said. Zhang Dawei, chief analyst of property consultancy Centaline, said May witnessed a calm market and the trend seems to have continued.
I decided to put myself in a position to take over my family’s business of buying property and renting them out. Carve your own lane if you can. Don’t bite off more then you can chew. Most people.
The Chinese government went all out during the first half of 2018 to cool an overheated real estate market. Major cities in China have issued regulations for their local real estate markets more.
"The US economic recovery is mostly driven by business investment and property investment rather. is that local manufacturers should set off on a bandwagon to expand into the mainland’s domestic.
A small city in eastern China is lifting a rule that prohibits homeowners from selling their properties for at least two years after the purchase date, making it one of the first cities in the country to roll back regulations designed to stop speculation in the once-blazing real estate market.
The fact that modern China has never experienced a significant real estate correction also has some people worried. Given the importance of the property market to China’s financial wellbeing, any trouble arising in housing prices would affect the wider economy, which would then feed back into the property market.
A salesman introduces a property project in Wuhan, Hubei province. [Photo by Miao Jian/For China Daily] The property market on the Chinese mainland cooled off in May after a torrid performance earlier in the year, due to increased regulatory intervention, experts said.
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The property market on the Chinese mainland cooled off in May after a torrid performance earlier in the year, due to increased regulatory intervention, experts said.
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