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New-home price growth in China snapped a four-month weakening streak, one of the first official signs there may be a widespread recovery in.
China’s home prices growth fastest in five months, raises policy challenge Average new home prices in China’s 70 major cities rose 0.7% in May from the previous month, picking up from a 0.6% rise in April and the quickest pace since December, according to Reuters calculations based on NBS data on Tuesday.
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.
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BEIJING (Reuters) – Prices of new homes in China grew last year at the fastest. home prices are forecast to rise 4.1 percent in 2017, while growth in property investment would rise 5.4 percent, a.
China home prices growth fastest in 5 months, raises policy challenge 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.
BEIJING – 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.
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.
Yan, who makes roughly 6,000 yuan a month working for a local environmental. Sales volumes in 24 cities tracked by China Real estate index system fell by. Shenzhen, Guangzhou and Beijing — still saw a 12% increase. a 5% fall in housing prices would take away 7.8% of the actual asset value of.
Average new home prices in China’s 70 major cities rose 0.7% in May from the previous month, picking up from a 0.6% rise in April and the quickest pace since December, according to Reuters.
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On an annual basis, home prices increased 10.7% in May, unchanged from April’s growth rate. beijing has repeatedly urged local governments to keep runaway prices under control, but a recent easing in credit conditions, pent-up demand for housing, and an implicit government mandate to prevent a collapse have kept the market surprisingly resilient.