{"id":68616,"date":"2017-10-10T06:04:17","date_gmt":"2017-10-09T23:04:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-loses-its-shine-for-chinese-property-market-as-home-sales-slump\/"},"modified":"2017-10-10T07:03:38","modified_gmt":"2017-10-10T00:03:38","slug":"golden-week-loses-its-shine-for-chinese-property-market-as-home-sales-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-loses-its-shine-for-chinese-property-market-as-home-sales-slump\/","title":{"rendered":"Golden Week loses its shine for Chinese property market, as home sales slump"},"content":{"rendered":"


\nHome buying effectively halted in China\u2019s top-tier cities during the eight-day \u201cGolden Week\u201d public holiday, as cooling measures rolled out over the past year kicked in.
\nA plunge in trading volumes across the country during what is traditionally a hot season for home buying indicated extreme caution, ahead of China\u2019s key political meeting, the 19th Communist Party Congress starting October 18, and after a year of property tightening.
\nNew homes sales slumped as much as 78…
\n
\nSource : South China Morning Post
\nRead more…Golden Week loses its shine for Chinese property market, as home sales slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home buying effectively halted in China\u2019s top-tier cities during the eight-day \u201cGolden Week\u201d public holiday,...<\/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-68616","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-hQI","jetpack-related-posts":[{"id":146705,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-kaisa-group-flags-us1-2-billion-first-half-loss-amid-home-sales-slump-write-down\/","url_meta":{"origin":68616,"position":0},"title":"China\u2019s Kaisa Group flags US$1.2 billion first-half loss amid home sales slump, write-down","date":"August 22, 2024","format":false,"excerpt":"\r The developer\u2019s weak report card is likely to resemble those of most mainland Chinese developers, which are expected to extend a losing streak dating to 2020.\r \r Source : South China Morning Post\r Read more...China\u2019s Kaisa Group flags US.2 billion first-half loss amid home sales slump, write-down","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171252,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-second-hand-home-sales-offer-tentative-signs-of-a-floor-in-chinas-property-slump\/","url_meta":{"origin":68616,"position":1},"title":"Rising second-hand home sales offer tentative signs of a floor in China\u2019s property slump","date":"March 29, 2026","format":false,"excerpt":"\r Transactions of pre-owned homes in major Chinese cities led by Shanghai surged in March, fuelling expectations that the country\u2019s embattled property sector may be stabilising. Analysts and brokers said a more active resale market pointed to a gradual return of confidence among homebuyers after a three-year downturn. In Shanghai,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":68616,"position":2},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-home-sales-saw-golden-week-spurts-are-they-enough-to-save-the-market\/","url_meta":{"origin":68616,"position":3},"title":"China\u2019s home sales saw \u2018golden week\u2019 spurts. Are they enough to save the market?","date":"October 8, 2024","format":false,"excerpt":"\r Transactions of new homes jumped 27 per cent in an index that tracks deals across 25 Chinese cities compiled by the China Index Academy, compared with a year ago.\r \r Source : South China Morning Post\r Read more...China\u2019s home sales saw \u2018golden week\u2019 spurts. Are they enough to save\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-housing-market-gets-lifelines-as-cities-lenders-ease-down-payment-and-financing-to-arrest-slump\/","url_meta":{"origin":68616,"position":4},"title":"China\u2019s housing market gets lifelines as cities, lenders ease down payment and financing to arrest slump","date":"February 23, 2022","format":false,"excerpt":"\r More mainland Chinese cities are taking steps to shore up the property market as local governments and lenders eased the requirements on down payments and mortgage financing to arrest the worst slump in home sales in a decade.In Heze, a city in northern Shandong province, four major banks have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/golden-week-property-sales-plunge-in-major-chinese-cities-amid-slowing-economy-tight-mortgage-conditions\/","url_meta":{"origin":68616,"position":5},"title":"\u2018Golden week\u2019 property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions","date":"October 8, 2019","format":false,"excerpt":"\r Property sales in China\u2019s major cities saw one of their worst \u201cgolden week\u201d holidays in years, as buyers held back amid a slowing economy and tight restrictions on mortgage loans.Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day\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\/68616"}],"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=68616"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/68616\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=68616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=68616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=68616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}