New Zealand’s residential housing price slump may be nearing its end, but experts are warning that there is still a period of uncertainty and volatility ahead. The latest data from Quotable Value’s (QV) House Price Index showed that falling home prices have slowed for the second month in a row. Over the three months to…
Are We Facing a Global Housing Crisis?
September 6, 2022
admin
Business & MarketsBusiness ColumnistsChinainflationOpinionproperty marketreal estaterecessionViewpoints
0 Comment
Commentary There seems to be a global housing crisis in the early stages of development, but what about in the United States? As rates continue to rise, pressure is increasing across the country and around the globe, and a hefty amount of risk is on the horizon. Goldman Sachs Chief Economist Jan Hatzius recently released…
Behind China and Hong Kong’s Different Responses to US Interest Rate Hikes
July 3, 2022
admin
AnalysisBusiness & Marketscentral banksChinaChina Business & EconomyChina's central bankchina's property marketeconomic policieseconomyexchange rateHKMAHong Konginflationinterest rate hikemonetary policyOpinionproperty marketsoaring inflation
0 Comment
News analysis Amid soaring inflation, mainland China and Hong Kong central banks chose to respond in opposing ways to the U.S. Federal Reserve’s aggressive interest rate hikes, with China loosening its monetary policy, and Hong Kong raising interest rates. On June 15, the Fed raised the primary credit rate by 75 basis points, the largest increase…
Beijing Policymakers in Bind as Property Market Spirals
Ordinarily, Beijing would eagerly rescue its property developers and enact aggressive policy easing to prop up a sagging real estate market. But these are not ordinary times. Despite facing terrible economic conditions and outlook, China’s financial policymakers have only responded with relatively modest easing measures. The reason is twofold. One, regulators want to curb excess…
Chinese Developers’ Debt Woes Worsen as Sales, Yuan Weaken
HONG KONG—Chinese developer Zhongliang Holdings is scrambling to secure bondholder approval to extend the repayment on notes worth $729 million ahead of a key deadline next week, joining peers desperate to avoid offshore debt defaults. The Shanghai-based company has struggled to sell enough houses amid a sustained property downturn in China or secure refinancing to…
‘Rapid Decline’: New Zealand House Prices See Largest Quarterly Drop in Over a Decade
New Zealand (NZ) property prices have experienced their largest quarterly drop in over a decade as the market further weakens, shifting power to buyers. The QV House Price Index reveals that the average home decreased in value by 0.6 percent over the three months to March. This has brought down the average annual growth from…
China Nov New Home Prices Suffer Biggest Decline in 6 Years
December 15, 2021
admin
Business & EconomyChinaChina Business & EconomyeconomyGlobal Real EstateMarketsnational bureau of statisticsnew homeproperty marketreal estate
0 Comment
Chills over China’s property market spread in November as both home prices and sales slumped to a six-year low, according to official data on Dec. 15. According to the latest new home price indices released by the National Bureau of Statistics (NBS), new home prices in 70 tracked Chinese cities slipped 0.3 percent month-on-month in…
Is Beijing Loosening Its Property Market Policies?
November 12, 2021
admin
BeijingBusiness & EconomyBusiness ColumnistsChinaChina Business & EconomyOpinionproperty marketThinking About ChinaXi Jinping
0 Comment
Commentary Over the last several years, the Chinese property market has seen ebbs and flows, but has mostly been on an upward trajectory carefully managed by Beijing. While that fueled the growth of China’s gross domestic product, it also created property asset bubbles, caused massive debt loads, and contributed to unhealthy wealth gaps. Beijing’s recent…
China’s Xi Walks Political Tightrope as Evergrande, Property Market Totters
Commentary Some clarity emerged from the China Evergrande saga as the embattled real estate developer triaged its finances by electing to forego paying offshore bondholders in favor of conserving cash to pay Chinese customers and stakeholders. After weeks of customer protests, credit downgrades, and rumors of default, Evergrande elected to pay onshore bondholders and was…
UK House Sales Slump 62 Percent After Stamp Duty Deadline
House sales slumped by nearly two thirds last month as activity cooled after the end of the full stamp duty holiday, new figures have shown. HM Revenue and Customs (HMRC) said an estimated 82,110 residential property sales took place in July, down 62 percent on June’s record levels. It compares with a frenzied June for…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta