Home 禄 Business 禄 Real Estate
Mortgages rise slowly in March
Print Edition
SHANGHAI posted a slower rise in mortgages for the third month in March as home buying has cooled since October last year, the Shanghai headquarters of the People’s Bank of China said yesterday.
Banks extended 5.25 billion yuan (US$843 million) of home loans last month, down by 440 million yuan from February but up by 590 million from last March, the PBOC’s Shanghai headquarters said in a statement.
In the first quarter, new mortgages totaled 22.6 billion yuan, up 8.7 billion yuan from a year ago.
Over half of the new mortgages in the first quarter was granted in January when “banks tend to concentrate their credit at the start of the year,” the statement said.
Loans for property and land development rose in the first quarter to 22.84 billion yuan, up 7.17 billion yuan from a year earlier.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
