Category Archives: Real Estate Market

Home buying sentiment rebounded slightly in Shanghai last week despite a plunge in supply, latest market data suggest. The area of new residential properties sold, excluding government-subsidized affordable housing, rose 3.2 percent to 303,200 square meters during the seven-day period ended Sunday, Shanghai Homelink Real Estate Agency Co said in a report released today. more »

Hong Kong has the least affordable housing of 87 major global cities, with prices a record 19 times average pre-tax household income, according to a new survey. Housing in the city is classified as “severely unaffordable” in the report by think tank Demographia. The rating was the least affordable ever recorded in the 12-year more »