Readings above 50 indicate more builders see sales conditions as good rather than poor. The index has remained above 60 since September of 2016
Zhu Baoliang, chief economist at the State Information Center, said the think tank estimates that property investment will grow by about 6 percent next year, down by about one percentage point from 2017
St. Lucia, which has more than 160,0000 residents, was spared by the hurricanes that devastated the islands of Puerto Rico, St. Thomas and St. Martin in the fall.
The application is the first of this type of bonds since China launched a pilot programme in August to build rental housing projects in 13 major cities, including Beijing and Shanghai
Annual house prices rose 4.0% on a seasonally adjusted basis in November across New Zealand and were up 0.2 % on the month
A recovery in prices that began in 2013 has accelerated sharply across the country this year with prices climbing 12.1 % in the year to the end of October as a long-standing lack of supply combined with surging demand
The new Labour government, led by Prime Minister Jacinda Ardern, campaigned in the recent New Zealand election to restrict foreign buyers and reduce demand while the country tackles what the party calls a "housing crisis"
A report last year from the Brookings Institution noted that while Santiago has enjoyed considerable economic growth in the past 20 years, and accounts for almost half of Chile’s gross domestic product, the city faces challenges to continued growth. Productivity gains have slowed in recent years, job creation is low and income inequality is high.
Authorities have been particularly focused on curbing lending for speculation in the housing market in a broad effort to defuse financial risks from a rapid build-up in debt
Central bank Governor Stephen Poloz said Tuesday a stronger economy and good policymaking are bringing about "a gradual easing" of vulnerabilities in housing and household debt, and the trend should continue
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