March 21 - Only 14.1% of respondents had plans to buy a home in the next three months as they bet prices will continue to fall after premier Wen Jiabao reiterated the government curbs, a central bank survey has found. The percentage was the lowest in 13 years.

March 20 - New home sales in Shanghai totaled 160,600m2 at an average price of ¥21,791/m2 in the week through March 18, 2012, according to Youwin.com.cn.

March 20 - New home sales in Shenzhen totaled 63,600m2 at an average price of ¥16,901/m2 in the week through March 18, 2012, according to the local land resources administration.

March 19 - The ratio of the median home price  to the median household annual income in Shanghai was 30:1 in 2011, the highest in China, followed by around 28:1 in Guangzhou and Beijing, according to a report by Savills China.

March 18 - Average new home prices in the 70 Chinese cities watched by the government dropped in February for the fifth month in a row as slack sales continued to force developers into cutting prices, the National Bureau of Statistics said. 45 of the 70 cities saw month on month price falls in February, 12 more compared to the previous month.

March 16 - Forty-one of the 60 mainland-listed property developers reported profits, though unaudited, in 2011, according to Wind data.

March 14 - Home prices in China are far from being affordable and the government will continue its efforts to keep price gains in check, premier Wen Jiabao said during a press conference at the National People's Congress. However, he admitted that challenges are obvious as demand is still very strong amid rapid industrialization and urbanization.

March 13 - New home sales in Shanghai totaled 149,000m2 at an average price of ¥20,700/m2 in the week through March 11, 2012, down 20% and up 1% respectively from the previous week, according to Youwin.com.cn.

March 13 - New home sales in Shenzhen totaled 65,200m2 at an average price of ¥16,112/m2 in the week through March 11, 2012, down 6.9% and 4.6% respectively from the previous week, according to the local land resources administration.

March 13 - Overall property sales in Beijing plunged 40.4% year on year to 1.04 million m2 in the first two months of 2012, according to the local statistics bureau. Investment in the city's real estate market was down 4.6% to ¥18.76 billion.

March 9 - Investment in China's real estate market rose 27.8% year on year to ¥543.1 billion in the first two months of 2012, where investment in residential space was up 23.3% to ¥371.3 billion, according to the National Bureau of Statistics. During the two-month period, overall property sales were down 14% to 70.04 million m2, where residential space sales were down 16% to 61.18 million m2; overall property sales revenue was down 20.9% to ¥414.5 billion, where revenue from residential space was down 24.7% to ¥336.6 billion.

March 9 - Chinese developers will probably face credit rating downgrades over the next six months as refinancing risks increase, Bloomberg reported, citing Standard & Poor's predictions. The nation's home prices may decline 10% by June from a year earlier, while sales volume is expected to be little changed or may even slip in 2012, S&P said, adding that the worst is yet to come for Chinese developers.

March 7 - An average household in Beijing has to use 13 years of its incomes to pay for an average apartment, much more than the internationally reasonable level of six to seven years of incomes, according to E-House China Holdings Ltd (NYSE: EJ).

March 6 – New home sales in Shanghai totaled 201,500m2 at an average price of ¥20,487/m2 in the week through March 4, up 43.5% and 5.1% respectively from the previous week, according to Youwin.com.cn.

March 6 – China will likely start imposing a property tax in Beijing by the end of this year, Finance Minister Xie Xuren said. The tax is currently levied in Shanghai and Chongqing.

March 6 – New home sales in Beijing slid 60% from a week earlier to 1,094 units in the week through March 4, according to the local urban-rural development commission.

March 6 – New home prices in Wuhan, Hubei's provincial capital, dropped 3.5% year on year to ¥6,327/m2 on average in February, the local statistics bureau said.

March 2 – The average price of new homes in Shenzhen edged down 1.4% from a month earlier to ¥16,854/m2 in February, according to the local land resources authority.

March 2 – The average price of new homes in China's largest 10 cities declined 0.3% month on month and 1.4% year on year to ¥15,516/m2 in February, according to the China Index Academy.

March 1 – New home sales in Shanghai totaled 403,200m2 at an average price of ¥19,831/m2 in February, up 89.5% and down 12% from the previous month, according to Youwin.com.cn. This was the first time the city's monthly average new home price fell below ¥20,000/m2 since July 2010.

March 1 – China's February home prices posted the biggest decline in 19 months as the government pledged to maintain curbs on property, Bloomberg reported, citing an email from SouFun Holdings Ltd (NYSE: SFUN). Home prices dropped 0.3% last month from January, SouFun said.

February 28 – New home sales in Shanghai totaled 140,400m2 at an average price of ¥19,490/m2 in the week through February 26, 2012, up 68.3% and down 5.7% respectively from the previous week, according to Youwin.com.cn.

February 28 – New home sales in Shenzhen totaled 54,500m2 at an average price of ¥16,416/m2 in the week through February 26, 2012, up 54.8% and down 0.8% respectively from the previous week, according to the local land resources authority.

February 24 – Government-funded public housing homes will account for 8% to 10% of China's total demand for new homes in 2012, industry experts estimated.

February 23 – China will begin building seven million government-funded homes for low income earners in 2012, taking the total number of such residences under construction to 13 million units throughout the year, the National Bureau of Statistics said.

$1 = ¥6.29

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