Vanke Reports $1.4 Billion Loss Amid Deepening Chinese Real Estate Crisis

Chinese housing developer Vanke reported significant first-half losses on Friday, highlighting the ongoing crisis in the real estate sector as home sales decline in a […]

Record High in New Home Supply Amidst Historic Low Mortgage Demand

Inventory of Completed Homes: Currently, home builders have 102,000 completed but unsold homes available on the market. This is the highest number since 2009, as […]