Daiwa: Construction companies offer housing loan incentives, and American housing prices remain high.

15/07/2025

According to the Wise Finance APP, a report from Morgan Stanley stated that nowadays, American home construction companies often lower mortgage interest rates for new homebuyers by partially assuming loan funds. However, one side effect of these measures is that they have led to continuously high housing prices.

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7 m ago

The central city work conference was held in Beijing. The meeting deployed key tasks in seven aspects of urban work. Firstly, efforts are concentrated on optimizing the modern urban system. The focus is on improving the comprehensive carrying capacity of cities for population and economic and social development, developing clustered and networked modern urban agglomerations and metropolitan areas, categorically promoting urbanization construction with county towns as important carriers, continuing to promote the urbanization of agricultural migrant population, promoting coordinated development of large, medium and small cities and small towns, and promoting integrated urban-rural development. Secondly, efforts are made to build vibrant innovative cities. Carefully cultivating innovation ecosystems, making breakthroughs in developing new productive forces; relying on reform and opening up to enhance urban dynamism, carrying out urban renewal in high quality, fully leveraging the pivotal role of cities in domestic and international dual cycles. Thirdly, efforts are made to build comfortable and convenient livable cities. Adhering to integrated planning for population, industry, urban and transportation, optimizing urban spatial structure; accelerating the construction of a new model for real estate development, steadily advancing the renovation of urban villages and old and dangerous buildings; vigorously developing the life service industry, improving the level of public services, firmly securing the bottom line of people's livelihood. Fourthly, efforts are made to build green, low-carbon and beautiful cities. Consolidating the effectiveness of ecological environment governance, taking more effective measures to address issues such as urban air governance, protection of drinking water sources, and treatment of new pollutants, promoting coordinated effectiveness in reducing pollution, cutting carbon emissions, and increasing greenery to enhance urban biodiversity. Fifthly, efforts are made to build resilient cities that are safe and reliable. Promoting the construction of urban infrastructure lifeline safety projects, accelerating the renovation and upgrading of old pipelines; strictly limiting the construction of super high-rise buildings, comprehensively improving the level of housing safety protection; strengthening the prevention and control of natural disasters in cities, coordinating urban flood control systems and flood control; enhancing overall social security prevention and control, effectively safeguarding public safety in cities. Sixthly, efforts are made to build civilized cities that value virtue and kindness. Improving the system for protecting and inheriting historical and cultural heritage, improving the urban landscape management system, protecting the unique historical context, human geography, and natural landscapes of cities; strengthening the construction of urban cultural soft power, improving the civic quality of citizens. Seventhly, efforts are made to build smart cities that are convenient and efficient. Upholding the leadership of the Party, adhering to the rule of law in governing the city, innovating the concept, model, and means of urban governance, making good use of mechanisms such as the citizen service hotline to efficiently address urgent and difficult problems faced by the people.

7 m ago

The Central Urban Work Conference was held in Beijing on July 14-15. The conference pointed out that China's urbanization is shifting from a period of rapid growth to a stage of stable development, and urban development is transitioning from a phase of large-scale expansion to a focus on improving quality and efficiency. Urban work needs to deeply understand and actively adapt to changes in the situation, transform the concept of urban development to be more people-oriented; transform the urban development mode to be more intensive and efficient; transform urban development momentum to focus more on characteristic development; change the focus of urban work to emphasize governance input; change the methods of urban work to focus more on overall coordination.

7 m ago

The Central City Work Conference was held in Beijing on July 14th and 15th. The conference emphasized that the overall requirements for urban work in the current and future period are to adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, deeply implement the spirit of the 19th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee, comprehensively implement General Secretary Xi Jinping's important expositions on urban work, adhere to and strengthen the overall leadership of the Party, earnestly implement the concept of people-oriented urban development, adhere to the general principle of seeking progress while maintaining stability in work, adhere to targeted guidance according to local conditions, with the goal of building modern urban cities that are innovative, livable, beautiful, resilient, civilized, and intelligent. The theme is to promote high-quality urban development, the main line is to adhere to the development of urban connotations, the important focus is to promote urban renewal, vigorously promote urban structural optimization, energy transformation, quality improvement, green transformation, continuation of cultural heritage, improvement of governance effectiveness, firmly guard the bottom line of urban safety, and embark on a new path of modernization with Chinese characteristics for urban development.

7 m ago

The Central Urban Work Conference was held in Beijing from July 14th to 15th. The conference pointed out that since the 18th National Congress of the Communist Party of China, the Party Central Committee has deeply grasped the laws of urban development in the new situation in China, adhered to the Party's overall leadership in urban work, adhered to the principle of the people building cities and cities serving the people, treated cities as organic living systems in planning, and promoted historical achievements in urban development. The level of new urbanization in China, the level of urban development capacity, the level of urban planning, construction and governance, the level of being conducive to business and living, the level of historical and cultural heritage protection and inheritance, and the quality of the ecological environment have all been significantly improved.

9 m ago

Spot platinum just broke through the $1380.00 per ounce level, currently trading at $1381.80 per ounce, up 0.20% on the day; Nymex platinum futures are now trading at $1430.9 per ounce, up 0.91% on the day.

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