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China April home prices fuel hopes of bottoming out, but long road to recovery

Last Updated: Monday, May 18, 2015, 10:25

China`s new home prices fell for the eighth consecutive month in April from a year earlier but were flat from March, adding to hopes that a property downturn which is weighing heavily on the economy is beginning to bottom out.

China new home prices fall in April: survey

Last Updated: Friday, May 1, 2015, 11:47

The average price in China`s top 10 cities was at 18,961 yuan per square metre, down 3.46 percent from a year ago, it said, accelerating from a decline of 3.19 percent in March.

Li rules out systemic risks to Chinese economy

Last Updated: Thursday, January 22, 2015, 13:46

Allaying apprehensions over the Chinese economy slowing down to a 24-year low, Premier Li Keqiang pledged to advance comprehensive reform and open China wider to foreign investors while ruling out possibility of systemic financial risks due to fluctuations in the real estate market.

Canadian ghost town sold to Chinese developer

Last Updated: Wednesday, January 7, 2015, 02:44

A ghost town in Canada`s westernmost wilds has been sold to a Chinese real estate developer who intends to bring it back to life, according the realtor.

Real estate tycoon richest man in China

Last Updated: Wednesday, September 11, 2013, 23:18

Wang, 59, founder of property developer Dalian Wanda Group, surpassed last year's number one Zong Qinghou, chairman of China's leading beverage company Wahaha Group, reported Xinhua.

Chinese govt tightens real estate rules, sparks panic selling

Last Updated: Saturday, March 30, 2013, 18:55

In the Fengtai District Housing Registration Hall, people queued in long lines to finalise transactions as police maintained order among hundreds more people waiting outside.

China to continue property controls in 2013

Last Updated: Sunday, December 16, 2012, 17:52

China`s new leadership said it would continue the nation`s property market control policies in 2013 in order to keep a check on excessive speculation.

Chinese PM assures curbs to control real estate prices

Last Updated: Saturday, July 7, 2012, 18:14

Chinese cities saw home prices rise mildly in June.