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In September 2014, the company was noted as "Beijing's largest real estate agency by market share" with 52% of the market, at which point it had 1,500 branches in eight cities. [1] On October 24, 2014, Homelink stopped the cooperation with "Fang.com" and lost part of real-estate information and resources. But it changed its brand name to "Lianjia".
Real estate in China is developed and managed by public, private, and state-owned red chip enterprises.. In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies—including raising the required down payment for some property purchases, and five 2007 interest rate increases—due to ...
KE owns two majors businesses. Lianjia and Beike. Lianjia is a real estate agent while Beike is an online platform that helps match customers to estate agents (which includes Lianjia). Lianjia has been compared to Redfin while Beike has been compared to Zillow. [3] [5] [10] KE operates four business segments: [3] [10] Existing home transaction ...
While the risk of contagion — particularly via losses at so-called shadow banks — is growing, analysts say China is not experiencing a ”Lehman moment,” a reference to the 2008 real-estate ...
As seen in the Newsy video above, CNNMoney reports that a 2,000-square-foot, three-bedroom home fetches as much as $2.27 million in Shanghai, as property values have soared there and in other tier ...
Ni Hong, China's minister of housing and urban-rural development. In response to the property crisis, in March 2024, China's minister of housing and urban-rural development Ni Hong said at a press conference that real estate developers must go bankrupt if necessary "in accordance with the law or market principles." [106]
Pages in category "Real estate companies of China" The following 59 pages are in this category, out of 59 total. This list may not reflect recent changes. A.
At times, real estate agents may be present, still dealing with customers directly from the web. Real estate agents often profit by absorbing a certain percentage of the final sale or rent price as commission. There are cases where commission percentage hits a figure of 6% in America. [7] Internet real estate reduces the cost of an agent and ...