Real Estate Loan Payment Calculator

Posted on November 16, 2011 by Admin
Real Estate Loan Payment Calculator

Real Estate Loan Payment Calculator

Impacted by the economic setback, the Chinese real estate industry slowed down since the second half of 2008. But pushed by the 4000 billion yuan ($590 billion) stimulus package from the Chinese government, the industry recovered since the first half of 2009.

It is forecasted that the China real estate market will keep increasing in 2009, and boom in 2010 and 2011, for the government has offered new policies to push the market. For example, the Chinese insurance companies have been allowed to invest in the commercial real estate market Since October 1st, 2009, which will bring the market a total investment of $50 - $100 billion in the next few years.

Investment Rose

The investment on the Chinese real estate market is recovering. In the first three quarter of 2009, China’s investment on real estate market reached 2.505 trillion yuan ($370 billion), increasing 17.7% from the same period of last year. The investment on commercial residential real estate was 1.7582 trillion yuan, increasing 13.8% from 2008.