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China May new home prices growth fastest in five months

After a decade-long real estate boom, home prices in many Chinese. New analysis reveals that consumer debt rose at a much brisker clip. If this continues , Chinese consumers may soon find themselves too. The flip-side of this was an over-reliance on investment and exports to power ultra-fast growth,

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.

Home price growth snapped a four-month deceleration in March. photo: martin williams. New home prices rose in almost all of the 70 Chinese cities monitored by the. ago, a much faster pace of growth than the 2.8 per cent seen in the first two months of 2019. China may follow the same path in the electronics sector.

New home prices in China rose at the fastest pace in five months during May. Across 70 major cities, average prices for new homes climbed..

Sixty-seven of the total 70 cities surveyed by the NBS reported higher prices in May, the same as April. On an annual basis, home prices increased 10.7% in May, unchanged from April’s growth rate.

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BEIJING (Reuters) – Growth in China’s new home prices. amid a broader slowdown in economic activity. Average new home prices in China’s 70 major cities rose 0.9 percent in November from a month.

Loans. China’s new home prices in May grows at fastest pace in five months. CNBC. China’s home price growth has slowed significantly since the second half of 2017 due to intensive local curbs on speculative investments.

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Average new home prices in China’s 70 major cities rose 1 percent in June from a month earlier, higher than the previous month’s reading of 0.7 percent, according to Reuters calculations based on.

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.

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New home prices in China rose at their fastest pace in five months in May, complicating government efforts. Guangzhou and Shenzhen, saw slower average growth in May, increasing 0.3 percent compared.

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