Property News
American
Property News for 21 October 2021
Evergrande is 'just the beginning': Professor says more firms must exit China's property sector
CNBC - 21 Oct 2021 02:12
Li Gan, economics professor at Texas A&M University, said China's real estate sector has to be "substantially smaller" to stabilize as housing demand falls.
Sales of existing homes rose in September, likely due to a brief decline in mortgage rates
CNBC - 21 Oct 2021 16:00
Sales of existing homes rose 7% last month, likely driven by a brief decline in mortgage rates.
China Evergrande shares briefly plunge more than 10%, after $2.6 billion asset sale falls through
CNBC - 21 Oct 2021 05:15
China Evergrande shares briefly fell more than 10% Thursday after a deal fell through to sell part of its services unit to Hopson Development Holdings.
Global
Great Britain
Indian
South Africa