China May new home prices growth fastest in five months

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.

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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China’s new home prices in May grows at fastest pace in five months June 18, 2019 admin World Comments Off on China’s new home prices in May grows at fastest pace in five months Residential buildings in Tongzhou District on May 31, 2017 in Beijing, China.

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.

Growth in China’s new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims.

While Australia has experienced falls in the real estate market, severe drought, stagnant wage growth and weak consumer spending over the past 18 months. or 0.5 percent pretty fast, and things get.

Americans’ long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that. revenue in China.

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 National Bureau of Statistics (NBS) data on Tuesday. That marked the 49th straight month of price gains.

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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.

2 Myths Holding Back Home Buyers 2 Myths Holding Back Home Buyers – teamlengyelrealty.com – by Keeping Current MattersFreddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that,"For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save.