Tag: incentives

China’s house price growth eases in March

China’s house price growth eases in March

The National Bureau of Statistics has today revealed Chinese property growth eased in March. China‘s property prices have remained stubbornly high despite several Government incentives to avoid a property bubble. The country continues to grapple with high inflation in property and food prices. However, property prices slowed in March with fewer cities recording an increase, [...]

April 18, 2011 | 0 Comments More
Chinese  house prices continue to edge higher

Chinese house prices continue to edge higher

China’s property prices rose for the fourth consecutive month in December, albeit at a slower pace. According to the National Bureau of Statistics, prices rose 0.3% in December, taking the annual rate to 6.4% - although this is half of the peak reached in April 2010 - when prices surged 12.8%. However, prices have remained [...]

January 17, 2011 | 0 Comments More
US home sales in surprise fall in January

US home sales in surprise fall in January

The National Association of Realtors (NAR) has revealed a fall in sales of previously owned homes in the US for the month of January, suggesting the extension of the $8,000 tax credit for first-time buyers is having little appeal. The industry body said sales agreements fell 7.6% in January compared with December and the index [...]

March 5, 2010 | 0 Comments More
Car sales in China accelerate and take over US

Car sales in China accelerate and take over US

Car sales in China surpassed the US in 2009 and, as a result, became the world’s largest car and van market. The announcement comes just a day after it was revealed that China, which is the world’s third largest economy, overtook Germany as the world’s biggest exporter. The China Association of Automobile Manufacturers today said [...]

January 11, 2010 | 0 Comments More
Surge in Chinese car sales and production

Surge in Chinese car sales and production

Chinese state media has reported that annual car sales and production in China has accelerated and topped the 12 million mark to the end of November. In addition, the Xinhua News Agency reported that the China Association of Automobile Manufacturers expects car sales and production to exceed 13 million units for the full year. China [...]

December 7, 2009 | 0 Comments More
China car sales jump 48% on year

China car sales jump 48% on year

The China Association of Automobile Manufactures has announced strong car sales for the economy, helped by Government incentives such as subsidies to trade in older vehicles. According to the Association, car sales surged 36.5% in June compared with the same month last year, to 1.14 million vehicles. Sales reached 872,900 vehicles in June - the [...]

July 9, 2009 | 0 Comments More
Barratt tempts buyers as profits slide

Barratt tempts buyers as profits slide

Housebuilder Barratt Developments has announced a range of sales incentives. The company’s pre-tax profit fell by 68% in the six months to the end of June as unsold stock languished on its books. In an effort to tackle the lack of confidence in the property market that is keeping its showroom carpets pristine, the builder [...]

September 11, 2008 | 0 Comments More