Fitch: Rise in China Home Sales Accelerate; Onshore Issuance Still Favoured

Fitch Ratings says in its latest China Property Watch that the increases in contracted sales and gross floor area sold accelerated in September 2015, while new-home prices increased in more than half of the major cities.

Most Fitch-rated Chinese homebuilders reported solid contracted sales growth for the first nine months of 2015. Chinese developers' onshore bond issuance continued to substantially outpace their offshore issuance.