Property News · November 15, 2018

China’s new home prices gain momentum in October, rise 1 per cent month on month


China’s new home prices continued to rise in October despite government measures to rein in prices, with analysts fearing the price curbs will remain firmly in place for the foreseeable future.
Average new home prices in China’s 70 major cities rose 1 per cent in October from a month earlier, according to the Post’s calculation using data published by the National Bureau of Statistics on Thursday. Home prices grew 0.9 per cent month on month growth in September.
“The…

Source : South China Morning Post
Read more…China’s new home prices gain momentum in October, rise 1 per cent month on month