(Reuters) - Here is a look at the latest news, numbers and more from China's
real estate market.
The property sector accounts for 13 percent of China's gross domestic product
in 2011.
In response to soaring prices, Beijing has rolled out an array of measures
since late 2009 to rein in property speculation and has won some success. House
prices have fallen from record highs.
But China's vows to keep its property curbs in place have fuelled worries
that they may further drag on an economy that is already cooling, and saddle
with banks with more bad loans.
March 28 - Chinese developer Evergrande Real Estate said its 2011 net profit
climbed 50 percent from a year earlier to 11.4 billion yuan ($1.8 billion) and
will keep a sales target of 80 billion yuan for 2012.
March 20 - Guangzhou R&F said its 2011 net profit rose 11.3 percent to
4.8 billion yuan and set a sales target of 32 billion yuan for 2012.
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