home prices

 
 

China shares down at midday as Trump said to ready new tariffs

SHANGHAI, Sept 17 — China’s stock markets fell today, dragged by reports that US President Donald Trump is planning to unveil a fresh set of tariffs on US$200 billion (RM828 billion) of imported Chinese goods in the latest volley of a heated…


When the American dream became a mortgage nightmare

MIAMI: A decade ago, as the financial crisis raged in the United States, Jesus Rodriguez told his kids a fib: he was selling the family furniture because they were moving to Disney World. The truth was Rodriguez was desperate for money, having lost his home as did hundreds of thousands of people in the Great […]


China ploughs US$144b into shantytown redevelopment so far in 2018

BEIJING, Aug 16 — China has invested 990 billion yuan (approx. RM 589 billion) for a massive urban redevelopment project in the first seven months of 2018, the housing ministry said today. China’s central bank has injected hundreds of billions…


Singapore home sales soar in July on minute-to-midnight buying

SINGAPORE, Aug 15 — Private home sales in Singapore soared to the highest in 16 months in July as buyers rushed to snap up properties hours before curbs aimed at quelling speculation came into effect. Developers sold 1,724 units last month, the…


Unsold number of private properties in Singapore hits three-year high

SINGAPORE, July 28 — The number of unsold private residential units reached a three-year high in the second quarter, based on data released by the Urban Redevelopment Authority (URA) yesterday. Property analysts said that while there is a risk of…


Hong Kong property bears rear their heads (yet again)

HONG KONG, July 23 — Hong Kong’s property market has a habit of humbling the bears, shattering predictions that the laws of gravity must eventually prevail. But, now, a crosscurrent of headwinds — from a slowing Chinese economy to upcoming…


Singapore announces surprise property curbs to cool market

SINGAPORE, July 6 — Singapore’s renewed clampdown on speculative property demand sent real estate stocks reeling today, as analysts predicted the end of a nascent home price rebound and the deflation of a buoyant market for collective sales. The…


Singapore’s decisive property crackdown set to damp 'euphoria’

SINGAPORE, July 6 — Singapore’s surprise crackdown to drive out speculative investments from the property market will probably hit collective sales that had become popular with developers of late, sending stocks reeling. The tightened rules,…


Hong Kong central bank raises base rate 25 bps after Fed hike

HONG KONG, June 14 — The Hong Kong Monetary Authority (HKMA) raised the base rate charged through its overnight discount window by 25 basis points today to 2.25 per cent after the US Federal Reserve raised interest rates by a quarter of a…


Australia central bank governor not worried about house price slowdown

MELBOURNE, June 13 — Australia's central bank governor said today the current slowdown in the housing market isn't a cause for concern but flagged the need for policy to remain at record lows for the foreseeable future with wage growth and…