New home prices in China rose at a slightly faster monthly pace in August, as consumer demand showed signs of picking up in a boost to an economy recovering from the coronavirus crisis.Average new home prices in 70 major cities climbed 0.6 per cent in August from a month earlier, a touch better than a 0.5 per cent increase in July, according to Reuters calculations based on data released by the National Bureau of Statistics on Monday.On an annual basis, home prices rose 4.8 per cent in August,…
Source : South China Morning Post
Read more…China’s August new home prices rise at a faster pace as consumer demand shows sign of picking up amid economic recovery
