Timing Not Right for China Home-Sales Overhaul, State Media Says

Timing Not Right for China Home-Sales Overhaul, State Media Says

The timing for a nationwide housing market reform that would only allow developers to sell completed properties is “not mature,” according to China Real Estate Business, an outlet managed by China’s Ministry of Housing and Urban-Rural Development.

Chinese architecture has ceased to reinvent itself in recent decades, at the pace of the country's economic and cultural changes. From pharaohic projects to more modern achievements, a generation of architects has managed to combine pragmatism, tradition and ecological consciousness. Liu Jiakun's recent dedication by the Pritzker Prize is proof of this: in terms of architecture, China is no longer content to imitate, it now also manages to assum…

Xinyang Poised to Become First Chinese City to Fully Adopt Completed-Home Sales, Nationwide Implementation Faces Hurdles - YT FINANCE

The post Xinyang Poised to Become First Chinese City to Fully Adopt Completed-Home Sales, Nationwide Implementation Faces Hurdles appeared first on YT FINANCE.

Timing not right yet for overhaul of China home sales market: state media

THE timing for a nationwide housing market reform that would only allow developers to sell completed properties is “not mature”, according to China Real Estate Business, an outlet managed by China’s Ministry of Housing and Urban-Rural Development.