No Data
No Data
New-Home Prices in China's Major Cities Fell in August -- WSJ
Expectations for a further reduction in loan interest rates for existing housing have risen again, and mainland real estate stocks have shown a strong upward momentum. Midea Real Estate (03990) rose by 8.56%.
Golden Finance News | The mainland real estate market is strong, with Midea Real Estate (03990) up 8.56%, China Jinmao (00817) up 4.76%, China Resources Land (01109) up 4.64%, Longfor Group (00960) up 4.36%, C&D Intl Group (01908) up 4.42%, Logan Group (03380) up 4.05%, Cifi Holdings Group (00884) up 3.67%. On the news front, according to informed sources, China may possibly lower the interest rate for existing housing loans as early as September, reducing the borrowing costs for millions of households and striving to stimulate the market.
This REIT With a 15% Yield May Have a Dividend Problem. Here's Why. -- Barrons.com
Market Chatter: China's Sunac, Logan Finalizing Debt Restructuring Plans
Is real estate inventory declining according to the Zhongzhi Institute?
According to a report by the China Index Academy, the inventory clearance cycle is dynamic and is influenced by both the inventory size and the market sales speed. With a significant reduction in land supply, the market is entering a stage of spontaneous inventory clearance. However, the current real estate sales still face adjustment pressure, and the pace of inventory clearance relying solely on market forces is relatively slow. Therefore, policy support is still needed.
tianfeng securities: What is the outlook for the adjustment of existing home loan interest rates?
Tianfeng Securities stated that, considering the latest mortgage policy and interest rate changes this year, there is indeed a possibility of reducing the interest rates on existing home loans. Further considering the actual impact of reducing the interest rates on existing home loans in 2023, it is expected to have a limited negative impact on the bond market.
No Data
No Data