China’s property market faces uncertain future despite historic rate cuts

China’s property market faces uncertain future despite historic rate cuts

The lower rates for housing provident fund loans are part of a broader effort to revive buyer interest and push forward stalled projects.

Rate cut prospects offer property market relief

With inflation now within target range and major banks forecasting at least a 25 basis point cut, the Reserve Bank of Australia’s (RBA) next meeting on Tuesday May 20 could mark the turning point.

RRR cut to spur further monetary easing

China's upcoming reduction in the reserve requirement ratio to zero for certain financial institutions has potentially unlocked substantial scope for further monetary easing, with another cut to the RRR likely in the second half of the year, analysts said.

China Cuts Housing Loan Rates to 30-Year Low to Boost Market - Mingtiandi

China’s central bank on Wednesday trimmed the interest rate on loans from an individual’s housing provident fund to the lowest level in about 30 years in a fresh bid to stabilize the real estate market as the country’s leadership launched... Read More>> The post China Cuts Housing Loan Rates to 30-Year Low to Boost Market appeared first on Mingtiandi.