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Survey: home buyers good at repaying loans |
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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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PBoC raises down payment levels on larger houses |
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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 |
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China halts land supply for building luxury villas |
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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 |
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China moves again to curb soaring house prices |
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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 |
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Property prices in major Chinese cities rise 5.6% in April |
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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 |
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Property cooling measures imminent |
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A new round of measures by China¡¯s central bank and government ministries to cool the real estate sector is imminent, State media said during the weekend, but analysts had doubts about how effective the steps would be. |