China’s May new home prices growth fastest in five months Tue, Jun 18, 2019 – 10:16 AM New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.
Average new home prices in China’s 70 major cities rose 0.7 per cent in May from the previous month, picking up from a 0.6 per cent rise in April and the quickest pace since December, according to Reuters calculations based on National Bureau of Statistics (NBS) data on Tuesday.
China’s housing ‘melt up’ continues, as new home prices rocket most in 19 months. 15 Jun 2018. China’s new home prices rose in June at the fastest pace in 20 months, even as the government stepped up controlling measures to fight price inflation.
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Home prices continue to gain, and while the gains still shrank in May nationally. the 10th consecutive month of decline. China’s exports also unexpectedly shrank in April in the face of U.S..
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China’s new home prices hit fastest growth in almost two years in June. Average new home prices in China’s 70 major cities rose 1 % in June from a month earlier, higher than the previous month’s reading of 0.7 %, according to Reuters calculations based on an official survey on Tuesday. The monthly growth was the highest since October 2016.
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Average new home price up 0.6 per cent in June compared to the 0.71 per cent increase in May. Bull run in China’s home prices continues for 50 straight months in June, but growth slows as curbs.
BEIJING – China’s growth fell to. been reluctant to cut prices. Car factories have sharply reduced output in response to weak sales, although there were signs last month that consumer interest in.
BEIJING, June 18 (Reuters) – New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out.