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China's Property Sector to See Mild Growth, Divergence in 2016: Report
Dec 28, 2015Housing prices in China are expected to grow steadily in 2016, while divergence between bigger and smaller cities will continue, according to a property research organization. Government policy has perhaps helped to ease the housing glut ...
Tags: Property Sector, Mild Growth
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China Tackles Housing Glut to Arrest Growth Slowdown
Dec 24, 2015China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
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Property Market Warms as Gov't Policies Take Effect
Dec 22, 2015China's real estate sector showed signs of warming in November as new home prices rose on a monthly basis in an increasing number of cities, buoyed by government policies. Of 70 large and medium-sized cities surveyed in November, new home ...
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China's Home Inventory Suggests Further Policy Easing: Report
Dec 22, 2015China might introduce more easing policies in 2016 to consume unsold home inventories, a report by the Bank of Communications said, despite data from Friday showing signs of a warming market. The government could further lower the minimum ...
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China to Encourage Property Developers to Lower Prices, Consolidate
Dec 22, 2015China will encourage property developers reduce home prices as part of efforts to destock inventory, said a statement issued Monday after a key economic policy meeting. The Central Economic Work Conference said the country will promote ...
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China's Real Estate Market Has Shown Glimmering Signs of Bottoming out in Big Cities
Jun 16, 2015China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...
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China's Building Materials Output Decreases in Q1
May 2, 2015Output of China's building materials sector fell in the first quarter as the property market remained weak, the country's top economic planner indicated on Wednesday. Cement output was down 3.4 percent year on year to 428 million tons, ...
Tags: Building Materials, flat glass
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Improved Buyer Demand Pushed Pending Home Sales to The Highest Level
Mar 6, 2015Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...
Tags: Pending Home Sales
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General Motors Expects The Sale of Light Vehicle in The US
Jan 12, 2015General Motors expects the sale of light vehicle in the US to reach 17 million units in 2015 from the previous 16.5 million units sold in 2014. General Motors CEO Mary Barra said: "The U.S. economy and vehicle sales have been rebounding ...
Tags: light vehicle, job security, labor market, Auto
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China Economy Growth to Slow Down
Dec 29, 2014China's economy is likely to expand at a slower pace of 7 percent in 2015 and 7.3 percent this year, a government think tank said in a report on Monday. Due to factors such as overcapacity in some manufacturing industries, the country's GDP ...
Tags: China Economy, home price
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How Russia's Currency Depreciation Impacts China
Dec 23, 2014With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
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China's Official Manufacturing PMI Rises to 51.7 in July
Aug 1, 2014Activity in China's vast factory sector expanded at the fastest pace in 27 months in July on stronger demand, a government survey showed, adding to evidence that the economy is regaining momentum after a burst of government stimulus ...
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Metro Markets Have Seen Year-Over-Year Economic Gains, According to The First American LMI
May 7, 2014Of the 351 metro markets measured, 300 have seen year-over-year economic gains, according to the National Association of Home Builders/First American Leading Markets Index (LMI). The index shows that 59 metros have fully returned to or even ...
Tags: Metro Markets, Economic Gains
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The U.S. Economy Slowed Drastically in The First Three Months of The Year
May 1, 2014The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. ...
Tags: economy, U.S.Economy
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Affordable Home Prices Will Keep Housing on an Upward Trajectory Through 2015
Apr 29, 2014A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...
Tags: Construction, Decoration
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