Property News · December 16, 2019

China's November home prices growth eases as fewer cities reported gains amid clampdown


China’s new home prices grew at their weakest pace in nearly two years in November, with tightening policies continuing to cool the market even as some easing is expected to prevent a sharp slowdown. Average new home prices in China’s 70 major cities rose 0.3 per cent in November from the previous month, lower than growth reported in October and marking the weakest growth since February 2018, Reuters calculated from official National Bureau of Statistics (NBS) data on Monday. On an annual…

Source : South China Morning Post
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