real estate

China third quarter GDP 2016
China Underground > real estate

China third quarter GDP 2016 grows 6.7 percent as expected as construction booms, debt rises

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China third quarter GDP 2016: BEIJING (Reuters) – China’s economy expanded at a steady 6.7 percent in the third quarter and looks set to hit Beijing’s full-year target, fuelled by stronger government spending, record bank lending and a red-hot property market that are adding to its growing pile of debt.

Read moreChina third quarter GDP 2016 grows 6.7 percent as expected as construction booms, debt rises

Private housing blocks are seen in Hong Kong, China
China Underground > real estate

Big Chinese cities could see renewed home price spikes as housing glut eases

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BEIJING (Reuters) – China’s biggest cities could see a further spike in home prices after inventories of unsold homes fell sharply in July, state news agency Xinhua reported on Tuesday, citing an industry report.

Read moreBig Chinese cities could see renewed home price spikes as housing glut eases

A general view of buildings in Puxi district from the Jin Mao Tower amid heavy smog in Shanghai
China Underground > real estate

China needs housing space ‘the size of Singapore’ each year till 2030

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BEIJING (Reuters) – China needs to build residential property space that’s roughly equivalent to the land area of Singapore, or 800 million square meters, every year until 2030, Fitch Ratings estimated.

Read moreChina needs housing space ‘the size of Singapore’ each year till 2030

Residential houses are seen in a valley in Tengchong
China Underground > real estate

Slowing China home price rises add to doubts about economy

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BEIJING (Reuters) – Home price rises in China slowed in June for a second straight month, adding to fears that a construction-led rebound in the economy may not be sustainable.

Read moreSlowing China home price rises add to doubts about economy

China Suburbia - urban villages
China Underground > real estate

China Suburbia

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From urban villages to ghost cities: snapshots of suburban life in Kunming’s urban villages. China Suburbia is a photography project that explores and describes the … Read more