Property News · January 16, 2019

Prices of China’s new homes grow at the weakest pace in eight months as purchase curbs bite hard amid a slowing economy


Prices of China’s new homes grew at the slowest pace in eight months in December, as the government’s curbs on speculation dampened sentiments amid a slowing economy, their impact particularly hard-felt in the country’s smaller cities.
The prices of new homes rose by 0.77 per cent last month across 70 cities monitored by the government, according to Bloomberg’s calculation of data released by the National Bureau of Statistics. This was slower than the 0.98-per cent gain…

Source : South China Morning Post
Read more…Prices of China’s new homes grow at the weakest pace in eight months as purchase curbs bite hard amid a slowing economy

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