{"id":143026,"date":"2024-03-15T12:38:57","date_gmt":"2024-03-15T05:38:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-struggles-to-arrest-a-9-month-slide-in-new-home-prices-as-cash-squeeze-among-big-developers-keeps-buyers-on-sidelines\/"},"modified":"2024-03-15T12:42:10","modified_gmt":"2024-03-15T05:42:10","slug":"china-struggles-to-arrest-a-9-month-slide-in-new-home-prices-as-cash-squeeze-among-big-developers-keeps-buyers-on-sidelines","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-struggles-to-arrest-a-9-month-slide-in-new-home-prices-as-cash-squeeze-among-big-developers-keeps-buyers-on-sidelines\/","title":{"rendered":"China struggles to arrest a 9-month slide in new home prices as cash squeeze among big developers keeps buyers on sidelines"},"content":{"rendered":"


\nNew home prices fell again in February, despite a slew of measures to prop up the market. While more easing measures can be expected, an \u2018L-shaped\u2019 recovery is likely in the coming years given weak fundamentals, Goldman says.
\n
\nSource : South China Morning Post
\nRead more…China struggles to arrest a 9-month slide in new home prices as cash squeeze among big developers keeps buyers on sidelines<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New home prices fell again in February, despite a slew of measures to prop up...<\/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-143026","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-BcS","jetpack-related-posts":[{"id":110068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-home-buyers-wait-for-better-deals-as-developers-see-big-drop-in-contracted-sales-in-july-amid-economic-slowdown\/","url_meta":{"origin":143026,"position":0},"title":"China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown","date":"August 21, 2019","format":false,"excerpt":"\r Potential homebuyers in China are waiting on the sidelines, hoping for better deals.New data suggests a break in prices might be coming.In July, China\u2019s top 10 builders recorded a month-on-month fall of 80 billion yuan (US$11.4 billion) in total contracted sales, due to a combination of a slowdown in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","url_meta":{"origin":143026,"position":1},"title":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts","date":"October 4, 2018","format":false,"excerpt":"\r Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines. Vanke Property (Hong Kong), a wholly owned unit of China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-zhenro-and-china-overseas-post-falling-profits-as-clampdown-adds-to-dimming-economic-prospects-in-driving-homebuyers-to-the-sidelines\/","url_meta":{"origin":143026,"position":2},"title":"Vanke, Zhenro and China Overseas post falling profits as clampdown adds to dimming economic prospects in driving homebuyers to the sidelines","date":"April 1, 2022","format":false,"excerpt":"\r Several Chinese property developers have reported plunging 2021 profits, as a clampdown on home prices combined with dimming economic prospects to deter buyers from committing to big-ticket purchases during the Covid-19 pandemic. China Vanke, the country\u2019s third-largest real estate company by sales, said its core net profit halved to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hefei-becomes-latest-chinese-property-hotspot-with-sky-high-prices-being-driven-by-record-land-costs-and-speculative-out-of-town-buyers\/","url_meta":{"origin":143026,"position":3},"title":"Hefei becomes latest Chinese property hotspot, with sky-high prices being driven by record land costs and speculative out-of-town buyers","date":"September 27, 2016","format":false,"excerpt":"\r Cash-rich investors are flocking to buy homes in Hefei, the capital of eastern China\u2019s Anhui province, amid speculation the city may roll out measures to curb a surge in speculative non-local buyers which has pushed new home prices sky-high. The city\u2019s property sector is also suffering, like many in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122017,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-home-price-growth-weakens-to-eight-month-low-on-cooling-measures-while-evergrandes-struggles-keep-buyers-away\/","url_meta":{"origin":143026,"position":4},"title":"China\u2019s home-price growth weakens to eight-month low on cooling measures while Evergrande\u2019s struggles keep buyers away","date":"September 15, 2021","format":false,"excerpt":"\r China\u2019s home prices grew at the slowest pace in the past eight months in August, as buying confidence took a hit from the government\u2019s cooling measures.Troubles at China Evergrande Group, the world\u2019s most indebted developer, which is struggling to complete its housing projects, also weighed on sentiment.The average price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hard-to-find-flats-priced-under-hk4m-back-on-the-market-as-developers-court-young-buyers\/","url_meta":{"origin":143026,"position":5},"title":"Hard to find flats priced under HK$4m back on the market as developers court young buyers","date":"October 5, 2018","format":false,"excerpt":"\r Young buyers eager to get on the property ladder can heave a sigh of relief as more flats priced under HK$4 million (US$510,341) are coming on the market. Kowloon Development on Thursday released the price list for 130 of its 646-unit One East Coast residential project in Yau Tong,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143026"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=143026"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}