Property News · March 18, 2017

China’s February home prices rise at flat pace


China’s February home prices rose, although at a flat pace compared with a month earlier, as a slew of restrictive policies by local authorities deterred speculative buying and caused capital to flow from the biggest cities to smaller outlying urban centres.
February home prices in China’s 70 largest cities jumped 12.4 per cent from a year ago. Compared to a month earlier, February prices rose 0.4 per cent after seasonal adjustments by Goldman Sachs, based on data released by the…

Source : South China Morning Post
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