Property News · January 18, 2018

China new home prices rebound in December


China’s average new home prices rose in December, mirroring a rally in real estate stocks this year that has been driven by brighter sales prospects this year.
New home prices last month rose in 57 of the 70 cities tracked by the government, up from 50 in November, while prices fell in seven cities, down from 10 in November, according to data from the National Bureau of Statistics on Thursday.
The average cost of new property in the 70 cities increased by 0.4 per cent year in December…

Source : South China Morning Post
Read more…China new home prices rebound in December