Related News
Home 禄 Business 禄 Real Estate
Mortgages up but loans grow slowly
By Feng Jianmin |
February 14, 2012, Tuesday
|
Print Edition
Print Edition
HOUSING loans in Shanghai rebounded in January from December as the property market improved slightly but total bank lending grew slowly due to the government's tight monetary policies, official data showed.
New mortgages in the city hit 2.08 billion yuan (US$331 million) in January, an increase of 3.11 billion yuan from December but a drop of 4.14 billion yuan from January last year, the central bank's Shanghai branch said in a statement yesterday.
The mild rebound signaled a slow recovery in home transactions in the past few months.
The sales of new homes, excluding government-funded affordable housing, have risen slowly for three consecutive months from 457,300 square meters in October to 579,100 square meters in December, Uwin Real Estate Information Services Co data showed.
The central bank also said lending grew slowly in January in Shanghai. The new yuan loans totaled 26.8 billion yuan last month, down 4.4 billion from December's and 23.9 billion yuan less than that in January last year.
Nationwide, new yuan loans in China totaled 738.1 billion yuan in January, down 288.2 billion yuan from a year earlier.
New mortgages in the city hit 2.08 billion yuan (US$331 million) in January, an increase of 3.11 billion yuan from December but a drop of 4.14 billion yuan from January last year, the central bank's Shanghai branch said in a statement yesterday.
The mild rebound signaled a slow recovery in home transactions in the past few months.
The sales of new homes, excluding government-funded affordable housing, have risen slowly for three consecutive months from 457,300 square meters in October to 579,100 square meters in December, Uwin Real Estate Information Services Co data showed.
The central bank also said lending grew slowly in January in Shanghai. The new yuan loans totaled 26.8 billion yuan last month, down 4.4 billion from December's and 23.9 billion yuan less than that in January last year.
Nationwide, new yuan loans in China totaled 738.1 billion yuan in January, down 288.2 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.
