China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers

Reuters

CenterHigh FactualityPrivate Equity: The Woodbridge Company

China July home prices, sales volume fall as sentiment wilts

China's July new home prices and sales volume both fell from a month earlier, a private survey showed on Monday, with fragile sentiment further corroded by nationwide threats by homebuyers to stop paying mortgages for unfinished projects.

South China Morning Post

Lean LeftMixed FactualityOther: Alibaba Group

China’s new home prices fell in July as mortgage-boycott crisis hit sentiment

Prices of new homes in 100 cities averaged 16,204 yuan per square metre in July, marginally weaker than in June, according to property researcher CREIS.

Channel News Asia

CenterHigh FactualityGovernment: Government of Singapore

China July home prices, sales volume fall as sentiment wilts

BEIJING : China's July new home prices and sales volume both fell from a month earlier, a private survey showed on Monday, with fragile sentiment further corroded by nationwide threats by homebuyers to stop paying mort gaugesfor unfinished projects.New home prices in 100 cities were down 0.01 per cent fro

The Straits Times

Lean RightMixed FactualityMedia Conglomerate: Singapore Press Holdings

China home sales slump further amid mortgage boycotts

Combined contract sales plunged 39.7% from a year earlier to 523.1 billion yuan (S$107 billion). Read more at straitstimes.com.

Bloomberg

Lean LeftMixed FactualityWealthy Private Owner: Michael BloombergPrivate Equity: The Vanguard Group

China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers

Wall Street Journal

Lean RightMixed FactualityMedia Conglomerate: Murdoch Family

China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers

Sales at the country’s top 100 property developers fell 39.7% in July from the same period last year, ending a budding recovery.