February 14 – New home sales in Shenzhen totaled 32,700m2 at an average price of ¥16,345/m2 in the week through February 12, 2012, up 120.1% and down 15% respectively from the previous week, according to the local land resource authority.

February 13 – Mortgage loans taken out by home buyers in Shanghai totaled ¥2.08 billion in January, down ¥4.14 billion from a year earlier, central bank figures show.

February 10 – The average rent of Shanghai's prime-location office buildings jumped 19.2% year on year to ¥11.3/m2/day in Q4 2011, according to DTZ.

February 10 – China's 10 regional centers had 59 million m2 in residential space available for sale as of the end of January 2012, up 40.5% from a year ago, according to figures from E-House China Holdings Ltd (NYSE: EJ).

February 10 – Wuhu, Zhejiang province is offering residents subsidies and tax waivers for home purchases as counter measures against the central government's tightening policy. The local government is subsidizing ¥150/m2 for new homes smaller than 70m2 and ¥50/m2 for new homes between 70m2 and 90m2.

February 9 – Property sales in Zhejiang province dropped 20.5% to 38.27 million m2 in 2011, according to the local statistics bureau.

February 8 – China's 300 largest cities collected ¥89.59 billion from land auctions in January, down 67% from a year ago, statistics show. The proceeds from land taken for residential development plummeted 4% year on year to ¥53.24 billion last month.

$1 = ¥6.29

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
@2017 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate