China’s average new home price growth rate slowed significantly in October after 22 cities rolled out a raft of cooling measures, according to a private index released on Friday.
Growth in average new home prices in 100 cities monitored by China Index Academy slowed to 1.65 per cent month on month in October, compared with the 2.83 per cent gain in September.
Cities that previously saw a frenetic surge in home prices experienced a larger fall in their growth rate. Zhengzhou, in central…
Source : South China Morning Post
Read more…Tightening measures take effect as China’s home price gains cool in October















