China’s new home prices rose in January at the slowest pace in nine months, as downbeat sentiment and property curbs weighed on the market.Prices of new homes rose by 0.61 per cent in January on month across 70 cities monitored by the government, according to calculations by Bloomberg of data released by the National Bureau of Statistics. The rate of growth is lower than the 0.77 per cent gain recorded in December, which ranked as the slowest clip since April 2018.“The price growth slowed as…
Source : South China Morning Post
Read more…China’s new home prices approach stall speed, as rate of appreciation eases to slowest in nine months















