
Mortgage Demand in the UK Plummets as Buyers Miss Out on Tax Breaks
In a significant turn of events, mortgage demand in the United Kingdom has seen a marked decline as potential homebuyers race against the clock, finding themselves unable to capitalize on critical tax breaks before they expire. This abrupt decrease in demand signals an unsettling trend within the property market, exacerbated by the prevalent economic uncertainties and the ongoing adjustments in monetary policy.
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China's Steel Market Confronts Ominous Signs from the Property Sector
China's steel market finds itself grappling with a stark reality as fresh data from the property sector signals ongoing challenges. The persistent downturn in the real estate market has left steel prices teetering, raising concerns among industry stakeholders regarding supply and demand dynamics in the weeks ahead.
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China's New Home Prices Show Signs of Stabilization Amid Market Uncertainties
In a surprising turn of events, new home prices in China have shown a minimal decline, suggesting potential stabilization within the country's real estate market. Recent data reveals that in February 2025, new home prices in 70 major cities across China experienced only a marginal decrease of 0.1%, marking a significant improvement from previous months where sharper declines were observed.
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China's Bond Market Anticipates Groundbreaking Fiscal Policies Following Key Legislative Meeting
As China's legislative body prepares for a critical meeting this month, the nation's bond market is closely monitoring developments that may herald a shift in fiscal policy. The Central Committee of the Communist Party is set to convene, with expectations high for announcements that could profoundly influence economic stability and growth.
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