China May new home prices growth fastest in five months

Growth in industrial output slowed more than expected to 5.4% in. consecutive month of decline. China’s exports also unexpectedly shrank in April in the face of US tariffs and weaker global demand,

BEIJING (Reuters) – New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy. file photo: A woman rides a tricycle carrying a child near a residential.

BEIJING (Reuters) – New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more.

Last month, Xi’an cracked down on who could buy property in the city after home values surged a nation-leading 2 per cent in May. While weaker price growth may tempt buyers and investors to wade.

Average new home prices in China’s 70 major cities rose 0.7 per cent in May from the previous month, picking up from a 0.6 per cent rise in April and the quickest pace since December, according to Reuters calculations based on National Bureau of statistics (nbs) data on Tuesday.

New Delhi: The Indian manufacturing sector ended the year on a strong note, with operating conditions in December improving at the strongest rate in five. months amid expected improvements in.

China’s new home prices in May grows at fastest pace in five months June 18, 2019 Author World Comments Off on China’s new home prices in May grows at fastest pace in five months Residential buildings in Tongzhou District on May 31, 2017 in Beijing, China.

Residential buildings in Tongzhou District on May 31, 2017 in Beijing, China.Zhang Peng | LightRocket | Getty ImagesNew home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.

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BEIJING, May 15 (Reuters) – China on Wednesday reported surprisingly weaker growth. month of decline. China’s exports also unexpectedly shrank in April in the face of U.S. tariffs and weaker global.

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