Real Estate Property asia : second-hand homes in Beijing

Real Estate Property asia  : second-hand homes in Beijing

BEIJING - The usual rush to snap up property during the National Day holiday, an annual peak time that sales offices had hoped would help the market rebound from the State's price-cooling policies, has so far failed to materialize this year, according to official data.

Experts predict the latest move to curb property speculation and tighten regulations on developers' liquidity issued on Sept 30 will lead to the "coldest" Golden Week holiday, as well as an uncertain month for those in the industry.

Figures from the Beijing Real Estate Trade Management Network show average sales in the capital reached just 116 homes per day for the first three days of October, falling far short of the last four days of September, when 635, 852, 560 and 573 homes were sold respectively.

The cheerless sales performance looks even worse when compared to the fact more than 7,300 new homes across 17 projects went on the market between Sept 28 and Oct 2.

Sales of second-hand homes in Beijing also tumbled from 1,067 on Sept 30 to just 18 on Oct 1 and 2, when people began viewing and signing contracts during the holiday, official data shows.

In Shanghai, some developers are offering discounts of up to 100,000 yuan ($14,900) at the Holiday Housing Market, Autumn Home Exhibition, a "barometer" of the city's property market.

Enthusiasm to buy in Hangzhou, capital of East China's Zhejiang province, has also been dampened by the new central government policy by more than 90 percent, with the number of pre-sale deposits paid to developers falling from 361 on Sept 29 to 31 on Sept 30, local media reported.

Discounts and other promotions, such as offering extra space, decorations and electronic appliances for free, are also being offered at a reportedly "tepid" property exhibition in the island province of Hainan.

To cool housing prices further, the Chinese government suspended bank loans for third-home purchases beginning Oct 1 and plans to extend property taxes throughout the country. All first-home buyers also now have to pay a down payment of at least 30 percent of the purchase price.

A survey conducted at the Autumn Home Exhibition found that 87.5 percent of buyers feel the market trend is not clear and agreed it is difficult to tell if now is the right time to buy, Shanghai-based Orient Morning Post reported on Tuesday.

Real Estate Property asia : Hong Kong Property - Asia Luxury Real Estate

Real Estate Property asia : Hong Kong Property - Asia Luxury Real Estate

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Real Estate Property asia : Precious Metals Investing

Real Estate Property asia : Precious Metals Investing

In particular, I said, I tend to think of taking some profits off the table after it has been gathered strength as the amount of money in a short time, but we should be served, for now.
Then, on Monday, the stock of strategic resources, almost across the board nailed to the news that Chinese exports dropped more than I thought.
There's also the news also said that price increases of raw materials - from copper to oil - could derail the global economic recovery. Even the so-called "benefits" in a panic. Less than a delicacy, and the market is flooded with orders for stocks, especially gold and silver.
I hope by now you know what my gut reaction is - do not worry, of course I would be lying if I said a part of me thinks that maybe we should take some profit. In a couple of places.
(By the way, I'm helping to invest in this smart, every day. Sara Nunnally, but typically the editor, and Jared Levy, often reducing the complexity of the market with their easy to understand article.)
On the other hand, I expect we will see a return to build today. I said before, if you want to invest in precious metals and rare earth elements, you need a stomach of cast iron.
Gainer, while most of us, [censored] is making headlines again. Today is one of the biggest losers of all U.S. stock markets fell 9.24%.
But these days, and jumped in early trading profit is the third largest in the New York Stock Exchange. I can not think of a better [censored] to explain the volatility of stocks with the resource.
It seems that every time the news from China that are growing more slowly, especially on metal stocks have been hammered. Then again, China's economic growth is a key factor behind the growing demand for energy, metals and rare earth characteristic of all
This is an important risk factor for the metal and guidance. Investors are too prone to worry about China.
Although China's growth has decreased slightly, it will not change the long-term factors that affect demand for strategic resources, raw materials, the planet Earth has passed the tipping point.
The population growth around the world and the growing demand for technology products will continue to put pressure on the price of silver, gold, copper, coal and rare earths. We are one of the arms of the raw materials of all time.
I said from the beginning the gold and silver will continue to advance in the long run, but there are setbacks along the way and solve the problem. I do not think we are near the top of the market at this point.
From time to time there are large fluctuations, it is difficult to know when the profit off the table. I try to check the charts for these stocks on a daily basis to see if it solves a lot of time to do it