Real estate market in China has grown strongly in 2007, and the Chinese government implemented the land tax and imposed additional restrictions on foreign investment in the sector. Just when it seemed that the boom would go to infinity, the average property prices in 70 cities suffered consecutive monthly decline in the second half of 2008, and for some cities in 2008 was the worse the past ten years. To guard against the effects of global crisis and stimulate the struggling Fiancial real estate industry, government policy implemented in late 2008 to provide tax relief for home buyers and lower the greater demands payment of 30% to 20%. Although the prices of goods remain low, it is beginning to stabilize. Good news came from and Vanke, which earned its first quarter 2009 sales of 12.22 billion yuan, or U.S. $ 1.79 billion, an increase of over 20%. China Vanke Corp, the largest listed developer in China.

Shanghai real estate market has grown since the 1990s, with the exception of some slowdowns, including some 1999 and 2005 appeared. Shanghai will generally perform better in order to keep the price during a break, but sales of property in Shanghai has also declined significantly in the second half of 2008. Shanghai, however, begins to show signs of improvement and this area seems to lead to a stabilization show. Although lower prices from the top, he showed an impressive recovery in sales of new homes and exciting. 4000000000000 The Government yuan, 585 billion, is the stimulus package mobilization of private investment in sectors like real estate, although it largely out of the government investment in infrastructure. Due to the high inventory of homes in most cities, it means a rebound in trading volume by no means an instant price to catch up. The time it will be necessary to adjust for the real estate sector. Investors and home buyers are never too far. After waiting and watching, some begin to see possibilities and immerse yourself in this market. Real estate is the key to economic recovery in third place in the world. Shanghai, the largest city in China and the eighth largest city in the world with thousands of skyscrapers and with its unique architecture, especially the source of consumer confidence. A decline in Shanghai is a major instability in the domestic and global markets, and tends to create negative spillover effects. » Read more: Shanghai Real Estate Market – Time to Invest?