China property: new home prices grew moderately in December, as tightening measures cooled market

//China property: new home prices grew moderately in December, as tightening measures cooled market

China property: new home prices grew moderately in December, as tightening measures cooled market

China’s new homes prices grew moderately in December, official data showed on Friday, as government measures aimed at cooling the property market took their toll.Average new home prices in 70 major cities rose 0.1 per cent month on month in December, according to data from the National Bureau of Statistics (NBS). The pace of growth was unchanged from November. New home prices rose 3.8 per cent in December versus a year earlier, slowing slightly from a 4 per cent increase in November.China’s…

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By | 2021-01-15T14:00:27+00:00 January 15th, 2021|Business|Comments Off on China property: new home prices grew moderately in December, as tightening measures cooled market