{"id":126744,"date":"2022-05-18T16:00:14","date_gmt":"2022-05-18T09:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-april-new-home-price-index-falls-for-the-first-time-in-seven-years-as-covid-19-adds-to-the-slumping-property-markets-cash-woes\/"},"modified":"2022-05-18T16:07:28","modified_gmt":"2022-05-18T09:07:28","slug":"chinas-april-new-home-price-index-falls-for-the-first-time-in-seven-years-as-covid-19-adds-to-the-slumping-property-markets-cash-woes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-april-new-home-price-index-falls-for-the-first-time-in-seven-years-as-covid-19-adds-to-the-slumping-property-markets-cash-woes\/","title":{"rendered":"China\u2019s April new home price index falls for the first time in seven years as Covid-19 adds to the slumping property market\u2019s cash woes"},"content":{"rendered":"


\nDeclining prices and contracting transactions underscore why China\u2019s banking regulator and banks are cutting their mortgage rates in cities like Tianjin to revive the stagnating property market.
\n
\nSource : South China Morning Post
\nRead more…China\u2019s April new home price index falls for the first time in seven years as Covid-19 adds to the slumping property market\u2019s cash woes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Declining prices and contracting transactions underscore why China\u2019s banking regulator and banks are cutting their...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126744","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wYg","jetpack-related-posts":[{"id":114846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investments-in-hong-kongs-offices-shops-and-homes-slowed-to-a-standstill-as-covid-19-outbreak-adds-to-markets-woes\/","url_meta":{"origin":126744,"position":0},"title":"Investments in Hong Kong\u2019s offices, shops and homes slowed to a standstill as Covid-19 outbreak adds to market\u2019s woes","date":"March 11, 2020","format":false,"excerpt":"\r Investments in Hong Kong\u2019s real estate are almost at a standstill, as the global coronavirus outbreak exacerbated the slumping sentiment from half a year of anti-government protests and the ongoing US-China trade war.\r\rFebruary\u2019s transactions declined 13 per cent from last year to 3,572 deals, the lowest monthly tally in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-office-market-to-see-slow-recovery-in-2023-after-slumping-to-14-year-low-last-year-as-beijing-eases-tech-crackdown-analysts-say\/","url_meta":{"origin":126744,"position":1},"title":"China\u2019s office market to see slow recovery in 2023 after slumping to 14-year low last year, as Beijing eases tech crackdown, analysts say","date":"February 26, 2023","format":false,"excerpt":"\r An end to Beijing\u2019s zero-Covid strategy and relaxation of restrictions on China\u2019s technology industry will boost the office sector, according to JLL.\r \r Source : South China Morning Post\r Read more...China\u2019s office market to see slow recovery in 2023 after slumping to 14-year low last year, as Beijing eases\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-municipalities-to-issue-special-bonds-for-funding-urban-renewal-affordable-housing-to-boost-slumping-economy\/","url_meta":{"origin":126744,"position":2},"title":"China\u2019s municipalities to issue special bonds for funding urban renewal, affordable housing to boost slumping economy","date":"October 19, 2023","format":false,"excerpt":"\r Local governments in China are planning to issue special bonds to fund urban renewal projects and affordable housing, the latest in a series of moves made by municipalities to boost growth and turn the tide in a slumping economy.\r \r Source : South China Morning Post\r Read more...China\u2019s municipalities\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-properties-defy-chinas-slumping-home-sales-as-big-city-buyers-splash-out\/","url_meta":{"origin":126744,"position":3},"title":"Luxury properties defy China\u2019s slumping home sales as big-city buyers splash out","date":"August 19, 2024","format":false,"excerpt":"\r Sales of homes above 30 million yuan (US$4.2 million ) in Shanghai hit a 10-year high in the first half of the year, according to CRIC data.\r \r Source : South China Morning Post\r Read more...Luxury properties defy China\u2019s slumping home sales as big-city buyers splash out","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-spurn-hong-kongs-first-home-sale-in-two-months-as-covid-19-outbreak-adds-weight-to-a-slumping-property-market\/","url_meta":{"origin":126744,"position":4},"title":"Buyers spurn Hong Kong\u2019s first home sale in two months, as Covid-19 outbreak adds weight to a slumping property market","date":"March 7, 2020","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers spurned the city\u2019s first property sale in two months, as larger-than-usual discounts failed to attract them to big-ticket financial commitments amid a slumping economy wrecked by a coronavirus outbreak.China Evergrande sold 49 of the 141 flats on offer at the second phase of its Emerald Bay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-nev-unit-plunges-on-chinas-order-to-refund-us262-million-in-state-subsidies\/","url_meta":{"origin":126744,"position":5},"title":"Evergrande\u2019s NEV unit plunges on China\u2019s order to refund US$262 million in state subsidies","date":"June 12, 2024","format":false,"excerpt":"\r Evergrande NEV\u2019s quandary adds to the financial woes of its parent company, which was ordered to be liquidated by the Hong Kong High Court in January.\r \r Source : South China Morning Post\r Read more...Evergrande\u2019s NEV unit plunges on China\u2019s order to refund US2 million in state subsidies","rel":"","context":"In "Property 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