Property News · February 24, 2018

Chinese property market steady in January but home prices dip in big cities


China’s property market was steady to slightly lower in January, with home prices dipping across 11 major cities from a year earlier, according to the latest official figures.
Home prices declined in first-tier cities, while growth slowed in second- and third-tier cities, Liu Jianwei, senior statistician at the National Bureau Statistics, said in a statement on Saturday.
New home prices – excluding government-subsidised housing – climbed in 52 of 70 cities tracked, compared…

Source : South China Morning Post
Read more…Chinese property market steady in January but home prices dip in big cities