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November China Property Report
Posted: 1 December, 2021

Yesterday, we published to clients the Real Estate Foresight's monthly China Property report for November. 

The charts below - what a difference in the land acquisitions by major developers in the past 3 months (chart on the right) vs the prior 3 months (chart on the left).

There are now signs of selective policy easing to stabilise the market: "The past few weeks have provided further evidence of selective support for the property sector and land sales by a number of cities, including increased price caps on new home sales in the land auctions in Nanjing and Hangzhou, terms attached to land acquisitions (Shenzhen), and lower land prices and lifting of restrictions on JVs (Suzhou). Most prominently, Chengdu saw a broader set of policy support measures..."



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