Free Trial
AUD

A$ Rallies On More Hawkish RBA Outlook

USDCAD TECHS

Bounce Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Property Developers Speed Up Home Delivery - Caixin

CHINA PRESS
MNI (Singapore)

Property developers are accelerating the delivery of unfinished housing projects, though they still remain cautious about kicking off new projects amid sluggish demand, Caixin reported. The decline in completed projects had been narrowing rapidly on a year-on-year basis. On a month-on-month perspective, the completed areas increased by 41.5% in October, showing signs of stabilization, Caixin said. The delivery of completed homes will continue to accelerate following recent measures to help ease developers’ financing pressures, the newspaper said.

77 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Property developers are accelerating the delivery of unfinished housing projects, though they still remain cautious about kicking off new projects amid sluggish demand, Caixin reported. The decline in completed projects had been narrowing rapidly on a year-on-year basis. On a month-on-month perspective, the completed areas increased by 41.5% in October, showing signs of stabilization, Caixin said. The delivery of completed homes will continue to accelerate following recent measures to help ease developers’ financing pressures, the newspaper said.