|
BIZCHINA> Top Biz News
![]() |
|
Beijing's housing market gets warmer in Feb
By Yang Zhen (chinadaily.com.cn)
Updated: 2009-03-02 14:14 Beijing's new property sales in February rose 15 percent from the previous month. A total of 9,373 units of second-hand property were sold during the same period, the highest in 13 months, according to official figures from the Beijing Municipal Construction Committee.
To boost demand in the property market, the central government unveiled a series of interest rate cuts and real estate related tax deductions. Most banks in China also followed the government's advice to relax their lending policies on mortgage loans. China's property market was hard hit by the global economic downturn. Official figures showed that property price in China's 70 major cities in January dropped an average 0.9 percent year-on-year and fell 0.2 percent from the previous month. (For more biz stories, please visit Industries)
|
|||||
延安市| 循化| 来安县| 通海县| 合江县| 安乡县| 横峰县| 芜湖市| 盘锦市| 奎屯市| 南充市| 潢川县| 山西省| 镇远县| 宁国市| 安国市| 古蔺县| 武川县| 巴塘县| 明水县| 江川县| 江阴市| 梁河县| 长春市| 隆昌县| 文成县| 丰都县| 石家庄市| 都匀市| 集安市| 清新县| 平定县| 鄄城县| 江安县| 宜兰县| 萝北县| 汕尾市| 高陵县| 海安县| 原阳县| 金堂县|