More tax, loan and land policies expected to cap soaring house prices

(2006-05-18 00:14:38)

A construction site in Beijing (newsphoto)

    BEIJING, May 17 (Xinhua) -- Tax, loan and land policies should play more important roles in adjusting China's real estate industry, said a State Council executive meeting on Wednesday. Full Story>> 

Ministry spokesman denies insufficient housing supply

(2006-05-14 21:45:19)

Visitors examine housing models at a real estate expo in Chongqing May 11. (Xinhua Photo)

    BEIJING, May 14 (Xinhua) -- China's Ministry of Construction on Sunday denied reports that housing supply in some cities is insufficient, but admitted inconsistencies in the type of housing available. Full Story>>

Public housing fund introduces extra loan

(2006-05-10 09:32:20)

    BEIJING, May 10 -- Shanghai's public housing fund center quietly rolled out more preferential policies for home buyers seeking mortgage loans in order not to kindle direct competition with commercial banks. Full Story>>

Housing fund ups its mortgage rates

(2006-05-08 08:25:25)

    BEIJING, May 8 -- The country's public housing fund has raised its mortgage rates for individual house buyers by 18 basis points effective May 8, the official Xinhua news agency said Saturday. Full Story>>

China's central bank warns of risks in housing finance

(2006-04-26 13:16:38)

    BEIJING, April 25 (Xinhua) -- China's central bank, the People's Bank of China, says the real estate industry is absorbing too much of the country's capital, causing government attention. Full Story>>

Outsiders buy half of Beijing's homes

(2006-04-26 09:20:04)

    BEIJING, April 25 -- More than half of Beijing homes sold last year in the higher price bracket were bought by people from outside the capital. Full Story>>

Huge tracts of property unoccupied, expert warns

(2006-04-25 08:10:42)

    BEIJING, April 25 -- An expert Monday warned that official figures are seriously underestimating the amount of property currently lying empty in China.  Full Story>>

Property deals rise at slower pace: NBS

(2006-04-21 10:54:32)

    BEIJING, April 21 -- China's real estate investment rose 20.2 percent to 279.3 billion yuan (US$35 billion) in the first quarter, 6.5 percentage points slower than over the same period last year, the National Bureau of Statistics said yesterday. Full Story>>