Bloomberg Chinese developers set conservative goals for sales in 2016, indicating that they expect property growth to slow after a period of credit-fueled expansion. Twenty-two major Chinese developers set a combined contracted sales goal at 1.3 trillion yuan ($201 billion) this year, representing an 8.8 percent gain from the sales value they reached in 2015, according to data compiled ...

  Bloomberg Demand for London homes under construction slumped by 33 percent in the first quarter as a new tax on overseas buyers and high values damped demand. The number of homes sold prior to completion in the U.K. capital fell to 5,947 from a record high of 8,927 a year earlier, according to data compiled by Molior London that ...

  Bloomberg U.K. house prices climbed to a record in April as demand from landlords in the previous month created knock-on effects through the property market, according to Rightmove Plc. Average asking prices rose 1.3 percent from March to 307,033 pounds ($437,000), the property website operator said in a report published Monday. It left values 7.3 percent higher than a ...