The property sector, a key driver of growth in the world's second-largest economy, has slowed sharply in recent months, with sentiment shaken by tight regulations and a growing liquidity crisis that has engulfed some of the country's largest and most indebted developers.Register now for FREE unlimited access to reuters.comAverage home prices are estimated to fall 1.0% in the first half of 2022, according to 14 analysts and economists surveyed by Reuters from Nov. 26 to Dec. 1.
"The downward trend in home prices has emerged" due to tight quotas on home loans, worries about a property tax and weak demand, said Chen Shen, an analyst from Huatai Securities. The expectation for the supply-side is also gloomy, with property investment seen dropping 3.0% in the first six months of 2022, versus a 15% rise in the first half of this year.
But most China watchers expect authorities to largely stick to curbs for now, even as they fine-tune regulations, including marginal loosening of credit policies.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here’s What Wall Street’s Biggest Banks Predict For Stocks In 2022—And What To Watch ForMost forecasts remain cautiously optimistic about the market’s prospects next year but warn of below average returns.
Source: Forbes - 🏆 394. / 53 Read more »
Democrat Stacey Abrams announces 2022 bid for Georgia governorAbrams lost a bid to Kemp in 2018, and rebuked what she called a 'rotten and rigged' election process. And this comes from someone who said we don’t need farmers we can just to the grocery store and buy our milk. What for? she's running? she should stick to walking at her weight
Source: MSNBC - 🏆 469. / 51 Read more »
Massachusetts Gov. Charlie Baker announces he will not seek third term in 2022Massachusetts Gov. Charlie Baker will not seek a third term in office, according to a statement from his office, forcing the Republican Party to defend an open gubernatorial seat next year in a deep blue state. Movie Alice SONGS
Source: CNN - 🏆 4. / 95 Read more »
After nearly 40 years in office, Oregon Rep. Peter DeFazio will run for reelection in 2022Oregon U.S. Rep. Peter DeFazio announced Wednesday he will be leaving Congress when his term ends in 2023 after nearly 40 years. 40yrs of sucking on the Government teat.
Source: YahooNews - 🏆 380. / 59 Read more »
Big mergers unlikely in 2022 as Biden regulatory squeeze intensifiesLarge tie-ups between publicly listed companies will be off the table in 2022, as a crackdown by the Biden administration makes securing regulatory sign-off for combinations increasingly difficult, senior dealmakers told the Reuters Next conference.
Source: Reuters - 🏆 2. / 97 Read more »
From Fintech’s Top Founders To Wall Street’s Best Dealmakers: 30 Under 30 Finance 2022Listmakers of the 30 Under 30 in Finance 2022 are entrepreneurs from fast-growing fintech and crypto startups and rising stars at Wall Street’s top firms.
Source: Forbes - 🏆 394. / 53 Read more »