China May new home prices growth fastest in five months

Average new home prices in May grew at the fastest rate since December 2018, rising higher for the 49th consecutive month. home prices rose 0.7% in May YoY, the same rate as in April. Eased credit conditions in recent times have driven the demand for housing higher, keeping new home prices supported.

Home-price growth in China weakened for the first time since February after authorities widened curbs to tamp down on a market that was re-inflating. New-home prices. at a faster 10.1% in June.

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China’s home prices growth fastest in five months, raises policy challenge Average new home prices in China’s 70 major cities rose 0.7% in May from the previous month, picking up from a 0.6% rise in April and the quickest pace since December, according to Reuters calculations based on NBS data on Tuesday.

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.

 · New home prices in beijing rose 12.9 percent in June from a year earlier, the fastest pace this year, compared with May’s year-on-year increase of 11.8 percent.

 · Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the.

 · China’s property investment growth cooled in May and sales saw their biggest decline since October 2017, suggesting the frothy housing market may not.

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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China May new home prices growth fastest in five months BEIJING (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 more.

China’s new home prices accelerated to their fastest pace in almost two years in June, with buyer demand in bigger cities resilient in the face of fresh curbs against speculation, a sign more.