China pledges to buy apartments and finish stalled housing projects

China rolls out new measures to fix its property crisis

China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after the latest data showed housing prices have slumped nearly 10 percent since the start of the year. Among other things, the central bank said it would reduce the minimum down payment for mortgages and remove the floor on interest rates

China unveils sweeping measures to rescue property market

Minimum mortgage interest rate scrapped, while minimum down payment ratio for first-time buyers cut. Read more at straitstimes.com.

China pledges to buy apartments & finish housing projects

China has today announced plans for local governments to buy "some" apartments and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector.

China pledges to buy apartments and finish stalled housing projects | Honolulu Star-Advertiser

BEIJING/HONG KONG >> China on Friday announced plans for local governments to buy “some” apartments and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector.

China to Let Local Govt Officials Buy Affordable Housing at 'Reasonable' Prices

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China pledges to buy apartments and finish stalled housing projects

China on Friday announced plans for local governments to buy "some" apartments and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector.