Home price in major Chinese cities grew at a slower pace in February, with fewer cities seeing month-on-month price rises, official data showed on Tuesday. Last month, new home prices in 70 major cities tracked by the National Bureau of Statistics (NBS) rose by an average of 11.1 percent year on year, slowing by 1.3 percentage points from January, the NBS said in a statement. Prices for existing homes rose 6.4 percent year on year, compared with an average growth of 7.4 percent in January, according to China’s news agency (Xinhua). On a month-on-month basis, 57 out of the statistical pool of 70 cities saw rises in new home prices, fewer than 62 cities in January. Prices dropped in four cities and stayed unchanged from a month ago in the other nine cities. For existing homes, prices increased in 46 cities month on month, down from 48 cities in the previous month. Prices dropped in 15 cities and stayed flat in nine cities, the NBS said.
GMT 13:49 2018 Saturday ,22 September
Russia puts its losses from US aluminum, steel tariffs at $600mlnGMT 05:09 2018 Wednesday ,24 January
West Bank Jewish numbers up 3.4% in 2017GMT 21:26 2018 Friday ,19 January
Political stability vital for Malaysia’s progress: PMGMT 21:22 2018 Friday ,19 January
Foreigners buy over 22,000 properties in Turkey in 2017GMT 00:02 2018 Wednesday ,17 January
Efforts to develop property sector hailedGMT 14:02 2018 Monday ,15 January
Bitcoin fever hits US real estate marketGMT 20:42 2018 Thursday ,11 January
Amsterdam to curb Airbnb rentals to 30 days a yearGMT 09:30 2018 Friday ,05 January
London house prices in first annual fall since 2009Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor