Property News · May 18, 2017

China’s home price growth cools in April


The growth of home prices in China cooled again in April, after a brief uptick in March, as tougher market restrictions introduced by local governments took effect.
New home prices rose on a monthly basis in six of the 15 first- and second-tier cities that are closely monitored by the National Bureau of Statistics, according to figures released on Thursday.That compared with nine in March.
Of the 70 mainland cities tracked by the bureau, prices climbed in 58, down from 62 in March.
New home…

Source : South China Morning Post
Read more…China’s home price growth cools in April

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