A push toward completed-home sales is reshaping developers’ investment decisions, cooling land auctions and complicating revenue prospects for local governments long reliant on land finance
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China’s move to encourage completed-home sales marks a significant shift for the property sector. Photo: VCG
Mortgages for presold homes will be withheld until projects are completed, forcing developers and banks to rethink how…
Beijing’s push for a new real estate development model has triggered a stark divergence, rewarding quality and certainty while…
Fierce bidding for select plots in Beijing, Shanghai and Hangzhou masks a five-year low in land purchases by major developer
Local government financing vehicles are left struggling with large land inventories and tightening cash flows
First-half residential land revenue in the Chinese capital falls sharply, reflecting a nationwide shift away from aggressive…
State-backed builders are paying record prices for prime plots in top cities, betting luxury housing will offer safer cash flow…
Opinion | Why China won’t ban housing presales outright
