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China real estate climate index down in July
China's real estate climate index stood at 101.86 points in July, 0.21 points higher than in June but 1.13 points lower than a year earlier, said a report released here on Wednesday by the National Bureau of Statistics.
Hike in real estate loans to continue in China
China's real estate loans will keep its the rising momentum in the coming years due to people's demands to improve their living conditions, according to a report released yesterday by People's Bank of China (PBOC), the country's central bank.
Chinese property laws cause concern
The Chinese central government began to implement tough new measures to cool down the over-heated real estate market from June 1. China Daily is running a series of stories to discover the impact of these policies and how consumers and developers nationwide have responded to these policies. Reporter Bao Xinyan in Nanjing, capital of East China's Jiangsu Province, finds that house prices in the city are falling.
Price stability key to China's property market
A collapse of China's urban real estate market, which economists believe would be triggered by a six-month boycott, will have crushing implications on the Chinese economy.
Desire to buy home drops to record in China
For the long-term development of the country's real estate market, the Chinese government should normalize present taxes and fees and try to implement a unified real estate tax as early as possible, Wang said.
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