Can China rescue its rapidly cooling property market?
EconomyChinaPeter CaiThe People’s Bank of China and the China Banking Regulatory Commission have eased mortgage lending restrictions for the first time since the global financial crisis in an effort to...
View ArticleHong Kong protests have retailers and real-estate companies worried
The continuing pro-democracy protests in Hong Kong are expected to cut the number of mainland tour groups heading to the city by nearly a third, which will take a toll on real-estate sales and retail...
View ArticleChinese house prices tumble for fifth month in a row
China’s home prices fell at a faster pace last month than the previous month, a survey showed on Monday, as the central bank announced looser credit policies to try to avoid a sharp decline.The average...
View ArticleGPT raises $255m in metro office fund bookbuild
GPT Group has raised $255 million in a bookbuild for its GPT Office Metro Fund, with the offer priced at $2 per unit.The new real estate investment trust (REIT) comprises six A-grade metro and business...
View ArticleAust home price rises ease in September
Australian home price rises are easing from their double-digit gains, after most capital cities recorded price falls in September.Home values were virtually flat last month, rising by just 0.1 per...
View ArticlePBOC eases mortgage lending rules
The People’s Bank of China and the China Banking Regulatory Commission have eased mortgage lending restrictions for the first time since the global financial crisis in an effort to boost the ailing...
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It's too simple to argue lack of supply pushes up house prices
IndustriesPropertyDanika WrightThe ConversationIs there a national housing supply problem? No, but there is a problem of access to affordable housing in certain regions.Last month, Reserve Bank...
View ArticleOnthehouse says court matter won't hurt
The chief executive of online real estate site Onthehouse has quit after legal action was launched against him.Onthehouse released a statement on Wednesday saying the board has completed its...
View ArticleGermany bans steep rents in booming cities
Germany's cabinet agreed on Wednesday to cap ballooning property rents in high-demand urban neighbourhoods in a law set to come into force early next year.In order to keep city rents broadly...
View ArticleREA flags a successful Move
Online advertising firm REA Group believes it has identified the perfect vehicle to export its Australian success story to the US with the purchase of a minority stake in US property company Move.REA,...
View ArticleQuattro RE to list $431m property trust
Real estate fund manager Quattro RE is hoping to list a $431 million trust holding six New Zealand properties on the Australian Securities Exchange.The launch of the fund comes as GPT Group raised...
View ArticleChinese developers dismiss house price fears
Chinese property developers have dismissed claims that Asian investors are artificially inflating local house prices, The Australian Financial Review reports.Johnson Zhang, the head of prominent...
View ArticleCanberra must tread carefully with negative gearing
IndustriesConstruction and EngineeringRobert GottliebsenPut the official housing figures to one side for a moment. Building suburban houses in the major east coast cities is going gangbusters.Adelaide...
View ArticleTalks with APRA on macroprudential tools 'ongoing': RBA
The Reserve Bank of Australia has described Australian banks as resilient, but says it was moved by APRA's observation of riskier lending practices to initiate discussions with the regulatory body...
View ArticleBuilding approvals beat forecasts
Building approvals surged in August, coming in well above expectations, official data shows.The Australian Bureau of Statistics data showed the number of buildings approved rose a seasonally adjusted 3...
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Silence on property breeds anxiety
IndustriesPropertyDavid UrenInvestors are buying about half the houses and apartments coming on to the market while first-home buyers have been squeezed by high prices to a record low share of just one...
View ArticleBoE seeks new tools to curb property
The Bank of England Thursday asked the government for powerful new tools to curb real-estate lending, underscoring officials' concern over the potential risk to the UK economy from the housing...
View ArticleAspen rebuffs $217.3m offer for parks fund
Embattled property fund manager Aspen Group has knocked back a $217.3 million takeover offer for its parks fund from Sunsuper’s Discovery Holiday Parks.Industry watchers have suggested the spurning of...
View ArticleANZ not concerned by lending curbs
ANZ Bank chief executive Mike Smith has shown little concern about the potential for the Reserve Bank of Australia to rein in home lending, while warning that buyers need to be careful of the...
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Rational talk on housing is lost in a bubble
IndustriesPropertyDanika WrightThe ConversationThe latest house price index figures released by RP Data earlier this week show a year-on-year increase in property values in Sydney of 14.3 per cent....
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