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September 11 – New home sales in Shenzhen totaled 752 units at an average price of ¥19,790/m2 in the week through September 9 2012, down 30.5% and 8.7% respectively from the week before, according to the local land resources and planning body.
September 11 – Home sales in Beijing totaled 2,275 units in the week through September 9 2012, down 19.6% from the week before, according to the local housing and urban-rural development authority.
September 9 – Investment in China's real estate market rose 15.6% year on year to ¥4.37 trillion in the first eight months of 2012, where investment in residential section was up 10.6% to ¥3 trillion, according to the National Bureau of Statistics. Overall property sales were down 4.1% to 574.15 million m2, where residential space sales were down 4.8% to 509.85 million m2. Overall property sales revenue was up 2.2% to ¥3.4 trillion, where revenue from residential space was up 2.3% to ¥2.84 trillion. Property sales revenue reversed continuous declines recorded since the beginning of this year.
September 7 – New home sales in Beijing totaled 9,094 units at an average price of ¥20,800/m2 in August, down 8.3% and 9.8% respectively from the previous month, according to the city's real estate association.
September 5 – Proceeds from land auctions in China's 10 largest cities totaled ¥40.9 billion in August, up 14.4% from the month before, according to Homelink.com.cn.
September 4 – New home sales in Shanghai totaled 213,700m2 in floor space at an average price of ¥21,324/m2 in the week through September 2 2012, up 6.8% and 1.9% respectively from the week before, according to joint data from Ehousee.com and Youwin.com.cn.
September 4 – New home sales in Shenzhen totaled 1,082 units at an average price of ¥21,680/m2 in the week through September 2 2012, up 39% and down 6.2% respectively from the week before, according to the local land resources and planning body.
September 3 – Home sales in Beijing totaled 3,266 units at an average price of ¥21,134/m2 in the week through September 2 2012, down 7% and 0.3% respectively from the week before, according to the local housing and urban-rural development authority.
September 3 – Home prices in China's 10 largest cities averaged ¥15,470/m2 in August, up 0.3% from the month before, according to SouFun Holdings Ltd (NYSE: SFUN), a leading Chinese real estate service provider. The average price for the 100 largest cities grew 0.2% month on month to ¥8,738/m2 in August.
September 3 – China's 30 largest cities had 125 million m2 in residential property stockpiles as of the end of August 2012, up 25% from a year earlier, according to E-House China Holdings Ltd (NYSE: EJ).
September 3 – New home sales in Beijing totaled 14,525 units in August, up 21.5% month on month and 163.8% year on year, according to Centaline Property, a leading Chinese real estate service provider. The quantity hit a monthly record so far this year.
September 3 – China's premier Wen Jiabao said the central government will resolutely continue to curb speculation in the property market by offering more cheaper homes now that existing policies have been begun to take effect.
August 28 – New home sales in Shanghai totaled 8.44 million m2 in the first seven months of 2012, down 1.6% from the same period a year ago, according to the local statistics bureau. Sales of office space fell 36.4% to 514,900m2 and sales of commercial real estate areas fell 37.1% to 379,000m2 between January and July.
August 28 – New home sales in Shanghai totaled 200,200m2 at an average price of ¥20,927/m2 in the week through August 26 2012, up 60.8% and down 13.1% respectively from the week before, according to joint data from Ehousee.com and Youwin.com.cn.
August 28 – New home sales in Shenzhen totaled 778 units at an average price of ¥23,113/m2 in the week through August 26 2012, down 4% and 3% respectively from the week before, according to the local land resources and planning body.
August 27 – New homes sales in Beijing totaled 3,602 units in the week through August 26 2012, up 10.7% from the week before, according to the local housing and urban-rural development authority.
August 27 – Office rents in Beijing's central business district grew 20.6% quarter on quarter to ¥320.45/m2/month in Q2 2012, according to real estate service provider DTZ.
August 24 – Proceeds from land auctions in Beijing totaled ¥24.4 billion from August 1 through August 23, down 63% from the same period a year ago, according to Centaline Property, a leading Chinese real estate service provider. An average 30.1% premium was recorded for prices of residential blocks, and an average 59.9% premium was recorded for prices of blocks for commercial purposes.
August 23 – Home sales in Shanghai totaled 858,900m2 at an average price of ¥24,607/m2 in July, according to Hanyu Property. The volume declined 16% year on year, and the price set a new monthly high.
August 21 – New home sales in Shanghai totaled 152,000m2 at an average price of ¥24,017/m2 in the week through August 19 2012, up 7% and 2.4% respectively from the week before, according to SouFun Holdings Ltd (NYSE: SFUN), a leading Chinese real estate service provider.
August 21 – New home sales in Shenzhen totaled 810 units at an average price of ¥23,821/m2 in the week through August 19 2012, up 4.8% and 17% respectively from the week before, according to the local land resources and planning body.
August 21 – Home sales in Beijing rose 8.6% week on week to 6,543 units in the week through August 19 2012, according to the local housing and urban-rural development authority. New home sales totaled 3,254 units during the week.
August 20 – Of the 61 mainland-listed property developers that have release 1H financial statements, 30 reported a decline in net earnings, drawing speculations that they would scale back or scrap discounts to lift profitability in 2H.
August 20 – The average home price from China's 70 major cities increased for the second straight month in July, following eight straight months of declines, according to figures from the National Bureau of Statistics. 50 of the 70 cities recorded increases in new home prices in July compared to June. Meanwhile, 58 of the 70 cities recorded decreases in new home prices in July compared with the same month last year.
August 17 – Property rents in Beijing averaged ¥51.3/m2/month in 1H 2012, up 4.5% from 1H 2011, according to the Beijing Real Estate Agency Association.
August 14 – Rents at Grade A office buildings in Shanghai averaged ¥7.83/m2/day in Q2 2012, up 2.9% from the previous quarter and up 22.9% from a trough seen in Q2 2010, according to Savills. Grade A office rents in the city are projected to grow 11.5% for the whole of this year, Savills predicted.
August 14 – New home sales in Shanghai totaled 142,400m2 in floor space at an average price of ¥23,517/m2 in the week through August 12 2012, down 33.5% and 6.9% respectively from the previous week, according to joint figures from Ehousee.com and Youwin.com.cn.
August 14 – New home sales in Shenzhen totaled 79,600m2 in floor space at an average price of ¥20,400/m2 in the week through August 12 2012, down 13.5% and 11.4% respectively from the previous week, according to the local land resources and planning body.
August 14 – New home sales in China's 54 largest cities totaled 57,333 units in the week through august 12 2012, down 7.2% from the previous week, according to Centaline Property, a leading Chinese real estate service provider.
August 13 – New home sales in Beijing totaled 25,000 units at an average price of ¥20,700/m2 in July, up 9.6% and down 3.2% respectively from the month before, according to the local real estate association.
August 13 – China started building 5.8 million cheap apartments for low income earners in the first seven months of 2012, the Ministry of Housing and Urban-Rural Development said. The amount represented 80% of the annual goal. Between January and July, 3.6 million such apartments were built, which accounted for 72% of the annual goal.
August 9 – Investment in China's real estate market rose 15.4% year on year to ¥3.68 trillion in the first seven months of 2012, where investment in residential property was up 10.7% to ¥2.52 trillion, according to the National Bureau of Statistics. Overall property sales were down 6.6% to 485.93 million m2, where residential space sales were down 7.5% to 430.78 million m2. Overall property sales revenue was down 0.5% to ¥2.87 trillion, where revenue from residential space was down 1.1% to ¥2.39 trillion. All declines were slower than in the first six months.
August 8 – Home prices in Shanghai and Beijing averaged about ¥23,000/m2 and ¥21,000/m2 respectively in Q2 2012, according to Centaline Property.
August 7 – New home sales in Shanghai totaled 214,000m2 at an average price of ¥25,264/m2 in the week through August 5 2012, up 22.9% and 5.4% respectively from the week before, according to joint figures from Ehousee.com and Youwin.com.cn.
August 7 – New home sales in Shenzhen totaled 92,039m2 at an average price of ¥22,971/m2 in the week through August 5 2012, up 27% and 26.1% respectively from the week before, according to the local land resources and planning body.
August 7 – New home sales in Beijing totaled 2,371 units in the week through August 5 2012, down 14.7% from the week before, according to the local housing and urban-rural development.
August 7 – New home sales in Wuhan, Hubei's provincial capital, totaled 14,454 units at an average price of ¥6,339/m2 in July, according to the local statistics bureau. The volume hit a 26-month high and the price was up marginally from a month earlier.
August 6 – Close to 90% of urban Chinese households have their own properties, well above the global average of 60%, according to a report released by China's central bank and a university. Of the 3,996 urban households surveyed, 89.7% said they owned at least one property.
August 6 – China's real estate industry saw six merger and acquisition deals valued at a combined $769 million in July, according to Zero2IPO, a Chinese consultancy on VC/PE funding. The amount represented 34.9% of all M&A deals that month, the largest share.
August 2 – New home sales in Shanghai totaled 858,900m2 at an average price of ¥24,607/m2 in July, according to Han Property, a real estate service provider. The volume was down 16% from the month before, and the price hit a new monthly high for the year to date.
August 2 – Monthly new home sales in Nanjing, Jiangsu's provincial capital, totaled 8,646 units in July, the highest level since 2010, according to a local property trading website.
August 1 – New home prices in China's 10 regional centers averaged ¥15,470/m2 in July, up 0.3% from the month before, according to SouFun Holdings Ltd (NYSE: SFUN), a leading Chinese real estate service provider. New home prices for the largest 100 cities also edged up 0.3% month on month to ¥8,717/m2.
July 31 – New home sales in Shanghai totaled 174,200m2 in floor space at an average price of ¥23,974/m2 in the week through July 29 2012, down 0.7% and up 2.4% respectively from the week before, according to joint figures from Ehousee.com and Youwin.com.cn.
July 31 – New home sales in Shenzhen totaled 72,500m2 in floor space at an average price of ¥18,220/m2 in the week through July 29 2012, up 30.9% and down 3.7% respectively from the week before, according to Worldunion.com.cn.
July 31 – Home prices in Guangzhou averaged ¥13,355/m2 in July, up 5.8% from June, according to an online property trading website controlled by the city's government. It was the highest average monthly price since so far this year.
July 30 – New home sales in Beijing totaled 2,778 units in the week through July 29 2012, up 40.2% from the week before, according to the local housing and urban-rural development authority.
July 30 – Proceeds from land auctions in Guangzhou, Guangdong's provincial capital, declined 42.2% year on year to ¥9.46 billion as the central government's policies aimed at checking the country's property bubbles continued to work, the city's finance authority said.
July 26 – Mortgage loans taken out by individuals totaled ¥345.5 billion in 1H 2012, ¥222 billion less than in 1H 2011, according to central bank figures.
$1 = ¥6.33
@2011 China Economy @ The China Perspective.
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