THE CHINA

SHANGHAI’S new home sales market remained stable last week in both volume and price. Sales of new homes, excluding those built under the city’s affordable housing programs, totaled 170,100 square meters between May 2 and 8,

THE potential introduction of a property tax nationwide is one of the biggest new factors affecting China’s real estate market, Deloitte said yesterday in its latest industry analysis.Despite the implementation of a series of austerity measures,

SOHO China, a Beijing-based real estate developer, yesterday announced it made another acquisition in Shanghai’s Changning District.SOHO has entered into an agreement to buy two office buildings on Zhongshan Road W. from a local real estate

HONG KONG-BASED real estate agency Midland Holdings is set to close all its Shanghai outlets by the end of this month as the company plans to quit the city’s second-hand home brokerage business.Midland, which currently operates

NEW home sales continued to rebound in Shanghai in April while the average price remained stable.Sales of new homes, excluding those built under the city’s affordable housing programs, surged 55.7 percent from March to 640,000 square

THE cat and mouse game between home buyers and real estate developers shows no sign of ending, as a “wait-and-see” sentiment prevailed at a Shanghai property fair that ends today.More than 100 property developers, including major

THE price of new homes in Shanghai surged to a record high of nearly 30,000 yuan (US$4,600) per square meter last week, thanks to robust sales at two luxury projects.The average price of new homes, excluding

THE State Council, China’s Cabinet, yesterday said efforts of local governments to regulate the real estate market have seen some preliminary results.“Speculative housing demands have been contained, and the sales volume of new and existing homes

HOME prices are falling in most major cities in the United States, and at least 10 major markets are at their lowest point since the housing bubble burst.The Standard & Poor’s/Case-Shiller 20-city index yesterday showed price

HONG Kong’s government yesterday sold a residential building site at the top end of estimates in its first auction since imposing the toughest measures yet to curb home prices in November.The HK$1.525 billion (US$196 million) for