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China: Nearly 1,000 Real Estate Outlets Close in Beijing

Posted November 8th, 2011 at 10:35 am (UTC-5)
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China says nearly 1,000 real estate outlets in the nation’s capital have been forced to close this year, as a slew of new government restrictions on property sales continue to cool Beijing’s once red-hot property market. The official Xinhua news agency reported the slowdown Tuesday, citing a survey by the real estate firm Home Link […]

China to Maintain Tight Controls on Property Market

Posted July 14th, 2011 at 10:55 am (UTC-5)
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China says it will take further steps to control prices on new home purchases, as part of a push to cool its overheated housing market in major cities. The State Council, the Chinese cabinet, said Thursday it will move to tighten existing property restrictions in cities that have seen “excessive” increases in housing prices. Beijing […]

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