xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Macro-economy

China's home prices remain stable in April

May 16, 2019


Abstract : Home prices in 70 major Chinese cities continued to stabilize despite slight increases in April, official data showed Thursday.

BEIJING, May 16 (Xinhua) -- Home prices in 70 major Chinese cities continued to stabilize despite slight increases in April, official data showed Thursday.

New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- increased 0.6 percent month on month in April, up from the 0.2-percent increase in March, said the National Bureau of Statistics (NBS) in a statement.

New home prices climbed 0.8 percent in 31 second-tier cities, and rose 0.5 percent in 35 third-tier cities.

As for resold homes, prices in the four first-tier cities reported a 0.4-percent growth month on month, while those in 31 second-tier cities went up 0.6 percent, narrowing from the 1.2-percent increase in March.

A total of 12 cities reported month-on-month drops of resold home prices in April, up from 10 registered in March.

Local governments kept differentiated real estate policies in April to maintain stable development of the property market, Liu Jianwei, an NBS senior statistician, noted.

Scan the QR code and push it to your mobile phone

Keyword: home prices property real estate

Reading:

Hangzhou attracts RMB1.5 bln inv't in bio-pharmaceutical projects in Q1

New radar systems installed in Beijing's new airport

China's fixed-asset investment up 6.1 pct

China's property investment up 11.9 pct in first four months

U.S. experts laud people-to-people links, sustainable development under BRI

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial