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China May new home prices growth fastest in five months

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.

China’s new home prices in May grows at fastest pace in five months june 18, 2019 admin 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.

China’s housing ‘melt up’ continues, as new home prices rocket most in 19 months. 15 Jun 2018. China’s new home prices rose in June at the fastest pace in 20 months, even as the government stepped up controlling measures to fight price inflation.

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BEIJING–China home price growth in May was generally flat versus a year ago, but hope for better economic prospects in some cities fueled slight momentum. The average price of new homes in 70.

Average new home prices in May grew at the fastest rate since December 2018, rising higher for the 49th consecutive month. home prices rose 0.7% in May YoY, the same rate as in April. Eased credit conditions in recent times have driven the demand for housing higher, keeping new home prices supported.

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Beijing’s new home prices decreased by an average of 0.1 percent month-on-month. Top Cities Stay Flat. China’s four top-tier cities – Beijing, Shanghai, Guangzhou and Shenzhen – averaged new home price growth of 0.2 percent from May, slower than the 0.3 percent monthly expansion pace set the previous month.

– China’s home prices growth fastest in five 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.

China’s new home prices accelerated to their fastest pace in almost two years in June, with buyer demand in bigger cities resilient in the face of fresh curbs against speculation, a sign more.

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.

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