Moody’s Investors Service says most rated Chinese property developers will continue to outperform the broader market for the rest of 2017, despite continued regulatory tightening to control property price growth. “Cumulative contracted sales for the 29 Moody’s-rated developers that we track grew 72.2% year on year in the first four months of the year, and …
Tag Archives: property price growth
Moody’s: Increased property inventory levels in major cities remain manageable
Moody’s Investors Service says the inventory of residential properties in the Tier-1 and sample Tier-2 cities that it tracks rose to around nine months in February from around eight and six months in January 2017 and December 2016 respectively, but Moody’s believes the increased inventory level remains manageable. “The moderately higher inventory level followed the …
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Moody’s: Chinese property market to show slower sales growth in 2017
Moody’s Investors Service says that China’s property market — after posting a record high in 2016 — will show nationally a slower pace of sales growth in 2017 on the back of the government’s tightened controls to curb property price growth. “We expect nationwide contracted sales in 2017 will be largely flat or will see …
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Moody’s: China property sales to slow, price growth to decelerate in 2017
Moody’s Investors Service says national sales growth in China’s (Aa3 negative) property market slowed to 38.3% year-on-year in October from 61.2% in September, and will continue to moderate following the government’s implementation of tightening measures in late September and early October. “The latest round of measures will likely also moderate property price growth in …
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Average rent across England & Wales stands at £792 per month, says Reeds Rains
The latest Buy-to-Let Index from letting agents Reeds Rains has reported that, in May, the average rent across England & Wales stood at £792 per month – down 0.2% from April. Taking into account both rental income and capital growth, but before property-specific costs such as maintenance, it has led to the average existing landlord …
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