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China to curb soaring house prices
China halts land supply for building luxury villas
China has prohibited the supply of land for building luxury villas as of Wednesday, Wang Shiyuan, vice minister of land and resources, announced.
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China's central bank said yesterday the liability ratio of domestic house buyers is normal and mortgage borrowers have a strong capability of paying the loan, citing results from a survey it did in 10 major cities.
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China's central bank is to raise the down payment level on loans for purchasing larger homes from June 1 in a bid to curb soaring house prices and adjust supply. The People's Bank of China has
¡¤ China halts land supply for building luxury villas
China has prohibited the supply of land for building luxury villas as of Wednesday, Wang Shiyuan, vice minister of land and resources, announced. The land supply for low-density and large houses
¡¤ China moves again to curb soaring house prices
China's State Council Monday issueda circular that aims to increase the supply of affordable housing in a bid to bring down soaring house prices. The circular, worked out by the Ministry of
¡¤ Property prices in major Chinese cities rise 5.6% in April
Property prices in 70 large and medium-sized Chinese cities increased by 5.6 percent year on year in April, according to a poll released Thursday by the National Development and Reform Commission and the National
¡¤ Property cooling measures imminent
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