Property market

China property shares gained5%this week with government intervention to ease houses crisis

17 مايو 2024 10:51 ص

China 's CSI 300 Real Estate index gained 5% this week and shares of Chinese property developers rose on Friday as investors expected authorities to announce more measures to stabilise the crisis-hit houses sector, with fresh data showing the fastest drop in new home prices in more than nine years and it remained unclear how any government intervention would be funded, with local governments

Beijing to Buy millions of unsold homes to revive Chinese Property Market

16 مايو 2024 12:16 ص

Beijing is weighing a proposal to have local governments nationwide purchase millions of unsold homes to save Chinese Property market in a move which comes as officials vow to address biggest drag on economy and in what would be one of its most ambitious attempts yet to salvage the beleaguered real estate market, said some Officials familiar with the matter, asking not to be identified discuss

China to inject $137Billion of new، cheap funds to boost housing market

14 نوفمبر 2023 09:17 م

China is planning to allocate at least 1 trillion yuan ($137 billion) in low-cost financing to support the nation’s urban village renovation and affordable housing programs so as to aim at bolstering the struggling property market, which has been impacted by a significant downturn in its latest effort to shore up the struggling property market, and the funds will be injected in phases through

Fixing China’s property sector could take years — if not a decade، says economist

26 سبتمبر 2023 04:43 م

China’s urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector

Rents in Britain surge 12% for the 1st time since 2014

18 سبتمبر 2023 09:02 م

Rents in Britain soar more than 12% in August as UK’s property market has shattered another record with rental costs growing at the fastest pace in at least a decade that the average monthly rent in the United Kingdom is now £1,304 (about EGP 50 thousand) a month, up £140 from the same month a year ago and the highest on record, while home sellers pushed up asking prices for the first time in fo

‘No Tears Left’: Hong Kong Property Agents Resort to Desperate Ads

17 نوفمبر 2022 06:10 م

Property agents in Hong Kong are resorting to increasingly wry advertising slogans to attract potential buyers during the citys worst housing slump in years

Shaky Housing Adds $7 Trillion Hazard to Australia’s Economy

02 يوليو 2022 02:24 م

Economists agree Australias housing prices are about to sink. What theyre not so aligned on is just how much a slide in the countrys A10 trillion 6.9 trillion property market will drag the economy down with it

Cairo Capital Developments completes 60% of Lake West project’s first phase constructions

18 مايو 2022 04:12 م

Cairo Capital Developments has succeeded in accelerating construction rate of Lake West project in Sheikh Zayed City, west Cairo to reach 60%. The company plans to begin delivering the first phase within a year and a half