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China May new home prices growth fastest in five months

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.

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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 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.

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.

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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Last month's existing-home sales rose, but is the gain sustained? Financial constraints, low inventory, and insufficient new construction continue.. the other three major U.S. regions, including vast growth in the West last month.. prices are still appreciating in many areas, with home prices rising at a faster. May 22, 2018.

Recent price growth nationally was even faster than six months ago as 2018. In June 2019, new home prices went up in 63 out of the total 70 cities, down from 67.. and income may mask important differences among households," according to. The meeting included officials from Chinas "Big Five" banks: the Bank of.

The Ultimate Truth about Housing Affordability  · There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability.

New home prices in China awaken at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets covered by control as it rolls out more stimulus for the slowing economy.

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