Decline marks end to huge growth that saw values rise as much as 40% last year

BING NEWS:
  • The Folly of China’s Real-Estate Boom Was Easy to See, but No One Wanted to Stop It
    Developers, home buyers and Western bankers all ignored warning signs, but not two accountants who went looking for “financial anomalies” and “shenanigans.” ...
    04/23/2024 - 5:01 pm | View Link
  • ASX ends higher after positive session on Wall Street, Crown Sydney retains casino licence — as it happened
    The ASX 200 has ended higher on Tuesday after Wall Street's three major stock markets all finished higher overnight, while Crown Sydney has been allowed to keep its casino licence.
    04/22/2024 - 8:16 pm | View Link
  • The freefall in China's home prices continued in March as Beijing struggles to stem real estate crisis
    China's home values slumped further in March, leaving Beijing authorities scrambling for solutions to the country's real estate woes.
    04/16/2024 - 5:04 am | View Link
  • China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project
    Distressed Chinese developers trying to sell luxury apartments at a new complex in Hong Kong have begun slashing prices by almost half amid mounting debt repayment pressure and intensifying ...
    04/15/2024 - 9:06 pm | View Link
  • China's new home prices decline at fastest pace since 2015
    New home prices in March dropped 2.2% from a year earlier, marking the biggest decline since August 2015, and worse than a 1.4% fall in February, according to Reuters calculations based on ...
    04/15/2024 - 5:25 pm | View Link
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