Home RSS
Real Estate

China property: muddling through?

Financial Times
China property: muddling through? - China - property market

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://blogs.ft.com/beyond-brics/2012/07/05/china-property-up-down-or-muddling-through/#ixzz1zuXD95KS China’s property market is showing signs of life. Home sales have jumped in recent weeks and developers are stepping up their purchases of land. Some analysts reckon that after a stagnant start to the year, the market may have bottomed – a development that could reignite the construction boom and have big implications for economic growth.

But skeptics counter that the rebound in sales volumes in May and June is only a result of aggressive price discounting by developers and could well prove to be short lived.

Gavekal, a Hong Kong-based research house, says that in May listed Chinese developers reported month-on-month sales increases ranging from 19 per cent to 44 per cent. Even year-on-year figures rose as much as 20 to 30 per cent.


Add your comment
  Anonymous comment
  Remember me on this computer

Send me by email any answer to my comment
Send me by email every new comment to this article

Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.