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China Resources Property to Acquire Culture and Tourism Operator China Resources Property Management Ltd. (华润物业) has signed a framework agreement to acquire Jia Tian Xia Cultural Tourism Development Co. Ltd. (家天下) for approximately 1 billion yuan, in one of the
From City-Level Initiative to National Strategy Beijing has elevated urban village renovation and old residential district renewal to the status of a national strategy, backed by a central funding commitment of 970 billion yuan — the largest single urban renewal programme
Mortgage Rates at the Lowest Level on Record Banks' new residential mortgage loans were priced at an average of 3.1% in July 2026, down 68 basis points year-on-year and marking a historical low, the People's Bank
A Structural Inflection Point China's secondary home market has surpassed new home transactions in volume for the first time in the country's modern property era. In the first seven months of 2026, national secondary home transaction
A Second Round of Easing in One Month Beijing has issued a further round of purchase restriction relaxations — its second in a single month — in a move that explicitly targets the upcoming golden season (September–October) and aims to catalyse
Policy Package Covers Five Dimensions Shanghai's housing authorities issued a comprehensive eight-measure reform package on August 20, 2026, covering public housing fund adjustments, commercial loan relaxation, purchase subsidies, urban renewal resettlement vouchers, and housing-ticket安置 mechanisms. The reforms took
New Home Transactions Rebound China's 30 major cities recorded new home sales of 1.76 million square metres in the week of August 16–22, 2026 (Week 34), a week-on-week jump of 28.8%, according to data from
Policy Details Take Effect August 21 Shanghai rolled out its most comprehensive housing policy package of the year on August 20, 2026, with eight targeted measures spanning five dimensions: housing provident fund optimization, mortgage adjustments, purchase subsidies, housing voucher mechanisms,
First-Half August Data Reveals Sharp Divergence Across Tier-One Cities China's four tier-one cities are no longer moving in lockstep. Shenzhen recorded a 50% month-on-month surge in new home purchase intentions in the first half of August 2026, while
A New Phase of Urban Redevelopment in China's Tech Capital Shenzhen's urban renewal sector is undergoing a structural transformation, with state-owned enterprises and central government-backed developers displacing private operators as the primary drivers of large-scale redevelopment.