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
China will seek solid progress in the battles against major risks of poverty and pollution in the next year, Xinhua said
Home sales in Poland are booming, said Aleksandra Galabuda, a consultant with REAS Residential Advisors in Warsaw.
In the country’s six main residential markets, including the tri-city area, the number of sales has been increasing by about 20 percent year over year since 2013, she said. That increase, agents said, can be attributed in part to low interest rates, declining unemployment and rising wages.
In Gdansk, an average of 2,000 homes were sold each quarter in the last 18 months, compared to 1,400 a quarter in 2015 and 1,200 in 2014, Ms. Galabuda said.
The global recession of 2008 hit the Croatian property market hard, with prices falling between 25 and 50 percent, brokers said, but in the past few years it has begun to recover.
While Dubrovnik continues to be the pearl of the Adriatic, the coastal areas of Split and Istria have seen moderate price growth, said Marko Ljutic, research and marketing manager of the real estate brokerage Dream Estates Croatia.
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